8 Beds
4 Baths
5,640 SqFt
8 Beds
4 Baths
5,640 SqFt
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,640 sqft
Price per Sqft $77
MLS Listing ID S1685932
Style Fourplex
Bedrooms 8
Full Baths 4
Construction Status Existing
HOA Y/N No
Year Built 1950
Annual Tax Amount $3,313
Lot Size 0.457 Acres
Acres 0.4569
Lot Dimensions 64X311
Property Sub-Type Multi Family
Property Description
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.
Location
State NY
County Jefferson
Area Watertown-City-221800
Rooms
Basement Full, Sump Pump
Interior
Interior Features Entrance Foyer
Heating Gas, Other, See Remarks, Zoned, Forced Air
Cooling Other, See Remarks, Zoned
Flooring Hardwood, Luxury Vinyl, Varies
Fireplace No
Appliance Gas Water Heater
Laundry Common Area
Exterior
Garage Spaces 4.0
Utilities Available Electricity Available, Electricity Connected, Sewer Connected, Water Connected
Roof Type Metal
Porch Covered, Porch
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Watertown
Others
Senior Community No
Tax ID 221800-006-000-0015-103-000-0000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1685932
Nearby Locations
GET MORE INFORMATION