For Sale
|
Multi-Family Res (2-4) units
|
418 Clay Street Street , Watertown, NY 13601
$239,900
Listing Courtesy of North Star Real Estate & Property Management
For Sale
|
Multi-Family Res (2-4) units
|
418 Clay Street Street , Watertown, NY 13601
$239,900
|
0.1073
acres |
|
|
|
3,066
sq ft |
|
|
|
4
apts |
|
|
|
5
bed |
|
|
|
4
bath |
Property Description
4-Unit Income Property in Downtown Watertown Exceptional cash-flowing investment in prime Watertown location, just 3 blocks from Public Square. This well-maintained 4-unit building is ready to perform immediately. It`s ideal for owner-occupant house hackers or portfolio investors seeking strong returns. UNIT BREAKDOWN: Three 1-bedroom units and one 2-bedroom unit. Each unit features a private porch, built-in refrigerator, and stove. CURRENT INCOME: Monthly rents total $3,140 ($850 + $750 + $770 + $770). Annual gross income: $37,680. Property taxes: Under $2,300/year. Tenants pay own electric; landlord covers heat and water. RECENT IMPROVEMENTS: Driveway, gas boiler updated, soffit and fascia refreshed. WHY THIS WORKS: 4 units are rare in this market! Strong central location with consistent tenant demand and minimal capital expenditure needs. Property is well-maintained and positioned to generate immediate cash flow. Perfect stepping stone for owner-occupants looking to house hack while building equity, or a solid addition for active investors scaling portfolios.
Property Summary
| Type |
Multi-Family Res (2-4) units |
MLS # |
S1703592 |
| Stories |
2 |
Year Built |
1937 (89 years old) |
| Apartments |
4 |
Est. Taxes |
$2,119 |
Features
Interior |
Ceiling Fan
Circuit Breakers - Some
Copper Plumbing - Some
High-Speed Internet Available
Pex Plumbing- Some
5 Bedrooms
4 Full Bathrooms
Vinyl-Luxury-Some
Wall To Wall Carpet-Some
Radiator
Basement - Exterior Walkout
Full
Attic - Crawl Space
Pull Down Stairs
|
Exterior |
Cable TV Available
Porch - Covered
Vinyl Siding
Heating Fuel - Gas
|
Other Information |
0.1073 Acres
Neighborhood Street
Lot Dimensions - 57' x 82'
Jefferson County
Watertown School District
Days On Market - 52
|
