914 State St Watertown, NY 13601
Estimated payment $1,881/month
Highlights
- Wood Flooring
- Hot Water Heating System
- Laundry Facilities
- Forced Air Heating and Cooling System
- 2 Car Garage
- High Speed Internet
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.
Listing Agent
Listing by Marble Key Realty LLC License #10401311840 Listed on: 01/22/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,880
Year Built
- Built in 1900
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 70x192
- Irregular Lot
Parking
- 2 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 3,517 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Hot Water Heating System
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- 4 Units
- Laundry Facilities
- 2 Separate Gas Meters
Listing and Financial Details
- Tax Lot 329
- Assessor Parcel Number 221800-012-000-0006-329-000-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,559 | $140,000 | $6,300 | $133,700 |
| 2023 | $1,033 | $140,000 | $6,300 | $133,700 |
| 2022 | $1,129 | $140,000 | $6,300 | $133,700 |
| 2021 | $1,129 | $140,000 | $6,300 | $133,700 |
| 2020 | $3,674 | $140,000 | $6,300 | $133,700 |
| 2019 | $1,065 | $140,000 | $6,300 | $133,700 |
| 2018 | $1,210 | $140,000 | $6,300 | $133,700 |
| 2017 | $3,674 | $140,000 | $6,300 | $133,700 |
| 2016 | $3,674 | $140,000 | $6,300 | $133,700 |
| 2015 | -- | $140,000 | $6,300 | $133,700 |
| 2014 | -- | $140,000 | $6,300 | $133,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/02/2026 02/02/26 | For Sale | $300,000 | 0.0% | $85 / Sq Ft | |
| 01/24/2026 01/24/26 | Off Market | $300,000 | -- | -- | |
| 01/22/2026 01/22/26 | For Sale | $300,000 | +49.4% | $85 / Sq Ft | |
| 09/08/2023 09/08/23 | Sold | $200,850 | +6.3% | $57 / Sq Ft | View Prior Sale |
| 03/22/2023 03/22/23 | Pending | -- | -- | -- | |
| 03/10/2023 03/10/23 | Price Changed | $189,000 | -5.0% | $54 / Sq Ft | |
| 02/14/2023 02/14/23 | For Sale | $199,000 | -- | $57 / Sq Ft |
Source: Jefferson-Lewis Board of REALTORS®
MLS Number: S1658562
APN: 221800 12-06-329.000
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