914 State Street, Watertown, NY 13601
Local realty services provided by:ERA Team VP Real Estate
Listed by: julie ablan-woodrow
Office: marble key realty llc.
MLS#:S1658562
Source:NY_GENRIS
Price summary
- Price:$279,900
- Price per sq. ft.:$79.58
About this home
Turnkey 4-Unit Investment Property – Watertown, NY
Listing Price: $300,000 (with $20,000 back for buyer improvements)
Exceptional cash-flow opportunity in a desirable Watertown location. This well-maintained four-unit property generates $5,000+ in monthly rents, with $1,000 in utilities included, offering a strong, reliable income stream and an effective 14% cap rate.
Property Features:
• 2 two-bedroom / 1-bath units
• 2 one-bedroom / 1-bath units
• Three units in a beautiful, spacious Victorian home
• One detached unit with no shared walls, providing privacy and tenant appeal
• Very good condition, low-maintenance, and turnkey
Investor Highlights:
• Large lot with ample parking
• $20,000 back for improvements
• Stable tenants, strong cash flow, and immediate income potential
This is a rare opportunity to own a high-performing, low-maintenance multifamily property in Watertown. Perfect for investors seeking turnkey income with upside potential.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:S1658562
- Added:62 day(s) ago
- Updated:March 25, 2026 at 02:45 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Hardwood, Tile, Varies
- Basement:Yes
- Basement Description:Full
- Living area:3,517 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas, Hot Water
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1900
- Building area:3,517 sq. ft.
- Lot area:0.31 Acres
- Lot Features:Irregular Lot
- Architectural Style:Fourplex
- Levels:2 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$279,900
- Price per sq. ft.:$79.58
- Tax amount:$3,880
Features and amenities
- Laundry features:Common Area
Parking
- Parking description:Paved
- Garage:Yes
- Garage spaces:2
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