914 State St Watertown, NY 13601
Estimated payment $1,933/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
- 13,440 Sq Ft 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,559 | $140,000 | $6,300 | $133,700 |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/09/2026 06/09/26 | Price Changed | $299,900 | +7.1% | $85 / Sq Ft | |
| 03/20/2026 03/20/26 | Price Changed | $279,900 | -6.7% | $80 / Sq Ft | |
| 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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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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