BEDS5
BATHS4 full
SQUARE FEET3,066
MLS#S1703592
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCity/Watertown
SCHOOLWatertown
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Walk-Out Access
Heating: Gas, Radiator(s)
Home Style: Fourplex
Lot Size: 0.11 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $2,119
Year Built: 1937
Amenities
Ceiling Fan(s)
Pull Down Attic Stairs
Feature Descriptions
Appliances: Electric Water Heater
Days on Site: 21
Exterior: Vinyl Siding, Copper Plumbing, PEX Plumbing
Flooring: Carpet, Luxury Vinyl, Varies
Lot: Irregular Lot, Residential Lot
Lot Dimensions: 57X82
Parcel#: 221800-011-000-0003-119-000-0000
Parking: Paved, Two or More Spaces
Parking Notes: Paved, Two or More Spaces
Patio/Porch: Covered, Porch
Sewer: Connected
Units: 4
Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public
Local Schools
School District: Watertown
Listed By / Shown By
Listing By
Agency Name: North Star Real Estate & Property Management
Agency Phone: 315-777-4365
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 780.47 per month $533.91 Principal & Interest $176.58 Property Tax $69.97 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
Disclaimer:
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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.coldwellbankerchoice.com today.