For SaleMLS # S17000400 days on market

831 Washington Street

Watertown, NY 13601 · Jefferson County

Price

$445,000

Bed / Bath

3 bd

Interior

4,960 sqft

Lot

7,723 sqft lot

Built

1950

About this home

Calling all entrepreneurs! This turn-key 5-unit residential apartment building is located in the heart of the city, directly across from Samaritan Hospital. Known for its strong rental history and consistent income generation, the property generates $50K in gross annual rents. Each unit is separately metered for electric, and the building features a roof less than 5 years old along with recently painted exterior. Heat is included in the rent, powered by a Utica steam boiler that is serviced at least once annually. The chimney has been rebuilt by Redfield Construction with stainless steel liners. The unit mix consists of two two-bedroom units on the first floor, two studio units on the second floor, and a spacious 4-5 bedroom unit spanning two levels. Shared laundry facilities are available in the basement for tenant convenience. All work is complete and units have been well-maintained by ownership, this property is truly move-in ready for your next investment venture. Don't miss this opportunity!

Exterior features

Blacktop Driveway

Appliances

Gas Oven
Gas Range
Gas Water Heater
Refrigerator

Mechanical

Heating

Gas, Steam

Schools

District

Watertown

Tax & finance

Annual taxes

$4,791

Financing

Conventional

Location

Watertown, NY 13601 · Jefferson County

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MLS Attribution

Listing courtesy of Bridgeview Real Estate. Listing agent: Robert Gardner. Data last updated 7/27/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.