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914 State St

Watertown NY 13601

6
4
2
3517 sq. ft.
13440 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

6 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
3517 sq. ft. floor area
13440 sq. ft. lot size
Multi-Family

Property history for 914 State St

2023
Sold
$200,850
08 Sep 2023 by Noah Taylor, of Keller Williams Northern New York

Happy sellers in Watertown

80%
80% of sellers in Watertown reported that their sale price either exceeded or met their price expectations.

Watertown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Watertown over the last 12 months.

Local market activity for 6 bedroom multi families in Watertown

In the last 12 months, 12 six-bedroom multi families similar to 914 State St, have been sold.

This represents a 43% increase in six-bedroom multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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