914 State Street
Watertown, NY 13601 · Jefferson County
Price
$299,900
Bed / Bath
6 bd · 4 ba
Interior
3,517 sqft
Lot
13,438 sqft lot
Built
1900
Garage
2-car
About this home
Turnkey 4-Unit Investment Property – Watertown, NY Listing Price: $300,000 (with $20,000 back for buyer improvements) Exceptional cash-flow opportunity in a desirable Watertown location. This well-maintained four-unit property generates $5,000+ in monthly rents, with $1,000 in utilities included, offering a strong, reliable income stream and an effective 14% cap rate. Property Features: • 2 two-bedroom / 1-bath units • 2 one-bedroom / 1-bath units • Three units in a beautiful, spacious Victorian home • One detached unit with no shared walls, providing privacy and tenant appeal • Very good condition, low-maintenance, and turnkey Investor Highlights: • Large lot with ample parking • $20,000 back for improvements • Stable tenants, strong cash flow, and immediate income potential This is a rare opportunity to own a high-performing, low-maintenance multifamily property in Watertown. Perfect for investors seeking turnkey income with upside potential.
Appliances
- Gas Water Heater
Mechanical
Heating
Gas, Forced Air, Hot Water
Cooling
Central Air
Schools
District
Watertown
Tax & finance
Annual taxes
$3,880
Financing
Cash · Conventional · FHA · VaLoan
MLS Attribution
Listing courtesy of Marble Key Realty LLC. Listing agent: Julie Ablan-Woodrow. Data last updated 7/2/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.
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Listed today