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 looking to house hack while building equity, or a solid addition for active investors scaling portfolios.
Listing By
Agency Name: North Star Real Estate & Property Management
Agency Phone: 315-777-4365
Shown By
Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234
Estimated Payment
$ 780.47 per month $533.91 Principal & Interest $176.58 Property Tax $69.97 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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418 Clay Street | MLS# S1703592
This multi-family property located at 418 Clay Street, Watertown, NY 13601 is currently listed for sale with an asking price of $239,900. Clay Street is located within the Watertown school district. Search Watertown real estate on www.mjpeterson.com today.