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Listed price in listed location currency (USD).
$450,000

844

MLS® S1685932

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 5640 sqft
Garage Yes
Taxes $3,313
Days Active 2
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $79
MLS® Number S1685932

Property Address: 1133 State St, Watertown, NY, 13601-7539

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to own one of the nicest multi-family investment properties in the City of Watertown! This impressive 4-unit apartment building offers strong rental income, excellent square footage at 5640, and a rare oversized 0.45-acre city lot that feels even larger in person. The building is huge! 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. 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.
MLS® NumberS1685932
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1950
BasementFull, Sump Pump
DrivewayParking Available
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 5, 2026List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
1133 State St, Watertown, NY

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