1133 State Street, Watertown, NY 13601
Local realty services provided by:HUNT Real Estate ERA
Listed by: mark taylor
Office: keller williams northern new york
MLS#:S1685932
Source:NY_GENRIS
Price summary
- Price:$439,000
- Price per sq. ft.:$77.84
About this home
Exceptional opportunity to own one of the nicest multi-family investment properties in the City of Watertown! This impressive 4-unit apartment building offers strong rental income, excellent square footage at 5640, and a rare oversized 0.45-acre city lot that feels even larger in person. The building is huge! Located in a highly visible, high-traffic area close to shopping, restaurants, schools, hospitals, and everyday amenities, this property is perfectly positioned for long-term investment success.
The building features a total of 8 bedrooms and 4 bathrooms, including two spacious 3-bedroom, 1-bath apartments and two 1-bedroom, 1-bath apartments. Hardwood flooring throughout much of the property adds character and charm. All units are currently occupied with a solid friendly tenant base generating approximately $3,950 per month in rental income. One downstairs 1-bedroom unit is expected to become vacant at the end of June, creating a potential owner-occupancy opportunity for buyers utilizing FHA or VA financing. A laundry common area at the front of the building add comfortable convenience for all tenants.
An additional standout feature is the huge detached garage space located at the rear of the property, offering excellent storage, workshop potential, or additional leasable income possibilities. Multi-family properties of this caliber rarely become available in Watertown. Located in a highly visible, high-traffic area close to shopping, restaurants, schools, hospitals, and everyday amenities, this property is perfectly positioned for long-term investment success.
Whether you are looking to expand your investment portfolio or occupy one unit while generating income from the others, this property deserves serious attention....
Contact an agent
Home facts
- Year built:1950
- Listing ID #:S1685932
- Added:69 day(s) ago
- Updated:August 14, 2026 at 02:57 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Hardwood, Varies
- Basement:Yes
- Basement Description:Full, Sump Pump
- Living area:5,640 sq. ft.
Heating and cooling
- Cooling:Zoned
- Heating:Forced Air, Gas, Zoned
Structure and exterior
- Roof:Metal
- Year built:1950
- Building area:5,640 sq. ft.
- Lot area:0.46 Acres
- Lot Features:Rectangular, Residential Lot
- Architectural Style:Fourplex
- Construction Materials:Vinyl Siding
- Exterior Features:Porch
- Foundation Description:Stone
- Levels:2 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$439,000
- Price per sq. ft.:$77.84
- Tax amount:$3,313
Features and amenities
- Laundry features:Common Area
Parking
- Parking description:Parking Available
- Garage:Yes
- Garage spaces:4
New listings near 1133 State Street
- New
$157,000Active3 beds 1 baths1,104 sq. ft.420 Broadway Avenue W, Watertown, NY 13601
MLS# S1704718Listed by: JEFFERSON REALTY AND PROPERTY MANAGEMENT - New
$40,000Active0.8 Acres17650 Cook Road, Watertown, NY 13601
MLS# S1703567Listed by: NORTH STAR REAL ESTATE & PROP MGMT LLC-CARTHAGE - New
$249,000Active4 beds 2 baths1,992 sq. ft.430 S Hamilton Street, Watertown, NY 13601
MLS# S1705312Listed by: BRIDGEVIEW REAL ESTATE - New
$299,900Active3 beds 2 baths1,658 sq. ft.754 Ball Avenue, Watertown, NY 13601
MLS# S1704788Listed by: HOWARD HANNA-WATERTOWN - New
$249,900Active4 beds 2 baths1,929 sq. ft.140 Boon Street, Watertown, NY 13601
MLS# S1705865Listed by: MARZANO REAL ESTATE, LLC. - New
$69,900Active4 beds 4 baths4,368 sq. ft.121 E Main Street #117, Watertown, NY 13601
MLS# S1704516Listed by: NORTH STAR REAL ESTATE & PROPERTY MANAGEMENT - New
$39,900Active3 beds 1 baths1,045 sq. ft.618 Main Street, Watertown, NY 13601
MLS# S1704518Listed by: NORTH STAR REAL ESTATE & PROPERTY MANAGEMENT - New
$55,000Active0.75 AcresLot "B" Gotham Street Road, Watertown, NY 13601
MLS# S1704404Listed by: NORTH COUNTRY REALTY GROUP - New
$575,000Active3 beds 2 baths1,378 sq. ft.23530 County Route 67, Watertown, NY 13601
MLS# S1703752Listed by: NORTH STAR REAL ESTATE & PROP MGMT LLC-CARTHAGE - New
$230,000Active4 beds 2 baths1,388 sq. ft.604 Pine Street, Watertown, NY 13601
MLS# S1704896Listed by: BRIDGEVIEW REAL ESTATE