418 Clay Street, Watertown, NY 13601

Local realty services provided by:HUNT Real Estate ERA
418 Clay Street,Watertown, NY 13601
$239,900
  • 5 Beds
  • 4 Baths
  • 3,066 sq. ft.
  • Multi-family
  • Active
Listed by: joseph murtha
Office: north star real estate & property management
MLS#:S1703592
Source:NY_GENRIS

Price summary

  • Price:$239,900
  • Price per sq. ft.:$78.25

About this home

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...

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Home facts

  • Year built:1937
  • Subdivision & Development:City/Watertown
  • Listing ID #:S1703592
  • Added:1 day(s) ago
  • Updated:August 04, 2026 at 05:41 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Varies
  • Basement:Yes
  • Basement Description:Full, Walk Out Access
  • Living area:3,066 sq. ft.

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Roof:Metal
  • Year built:1937
  • Building area:3,066 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Irregular Lot, Residential Lot
  • Architectural Style:Fourplex
  • Construction Materials:Copper Plumbing, Vinyl Siding
  • Exterior Features:Porch
  • Levels:2 Stories

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$239,900
  • Price per sq. ft.:$78.25
  • Tax amount:$2,119

Features and amenities

  • Laundry features:Electric Water Heater

Parking

  • Parking description:Paved