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Property at 914 State Street, Watertown City, NY 13601
ACTIVE
$20,100
$279,900

914 State StreetWatertown City, NY, 13601

6 Beds4 Baths3,517 SqFt0.3085 Acres
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.
1 / 49

Est. Monthly

$1,327/MO

$279,900
$20,100

914 State Street, Watertown City, NY

6 Beds4 Baths3,517 SqFt0.3085 Acres

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.

StatusActive
Property TypeResidential
Property SubtypeMulti Family
Year Built1900
Days on Market127 days

Est. Monthly Payment

$1,326.72

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

914 State Street

Watertown City, NY 13601 • Jefferson
6
Beds
4
Baths
3,517
SqFt
0.3085
Acres
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Year Built
1900126 years ago
Days on Market
127 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $3,880
Property History
  • Price reduced
    Mar 20, 2026 • NYSAMLS • S1658562
    $300,000 → $279,900
  • Listed for sale
    Jan 22, 2026 • NYSAMLS • S1658562
    $300,000
Mortgage Calculator
Estimated monthly payment for this property
$1,326.72
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    S1658562
  • Listing Office
    Marble Key Realty LLC
  • Last Updated
    29 days ago

Appliances

  • Appliances
    Gas Water Heater

Climate & Systems

  • Heating
    • Gas
    • Forced Air
    • Hot Water

Interior Features

  • Flooring
    • Hardwood
    • Tile
    • Varies
  • Basement
    Full

Parking

  • Parking Features
    • Paved
    • Two Or More Spaces
  • Garage Spaces
    2

Lot & Grounds

  • Lot Size
    0.3085 acres
  • Lot Features
    Irregular Lot

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family
  • Architectural Style
    Fourplex

Structure

  • Construction
    • Other
    • See Remarks
  • Roof
    Asphalt

Condition

  • Year Built
    1900
  • Condition
    Resale
  • Days on Market
    127 days
  • Water
    Connected
  • Sewer
    Connected
  • Utilities
    • Cable Available
    • High Speed Internet Available
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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