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photo 0: 418 Clay Street, Watertown City NY 13601
photo 1 : 418 Clay Street, Watertown City NY 13601
photo 2 : 418 Clay Street, Watertown City NY 13601

Active

418 Clay Street, Watertown City NY 13601

MLS# S1703592

$239,900

Price

5

Beds

4

Baths


3,066

Living Area (Sq.Ft.)

0.107

Lot Area (Acres)

4-Unit Income Property in Downtown Watertown <br> <br>Exceptional cash-flowing investment in prime Watertown location, just 3 blocks from Public Square. This well-maintained 4-unit building is ready to perform immediately. It's ideal for owner-occupant house hackers or portfolio investors seeking strong returns. <br> <br>UNIT BREAKDOWN: Three 1-bedroom units and one 2-bedroom unit. Each unit features a private porch, built-in refrigerator, and stove. <br> <br>CURRENT INCOME: Monthly rents total $3,140 ($850 + $750 + $770 + $770). Annual gross income: $37,680. Property taxes: Under $2,300/year. Tenants pay own electric; landlord covers heat and water. <br> <br>RECENT IMPROVEMENTS: Driveway, gas boiler updated, soffit and fascia refreshed. <br> <br>WHY THIS WORKS: 4 units are rare in this market! Strong central location with consistent tenant demand and minimal capital expenditure needs. Property is well-maintained and positioned to generate immediate cash flow. Perfect stepping stone for owner-occupants looking to house hack while building equity, or a solid addition for active investors scaling portfolios.

Status

Active

Property Type

Residential

Property Sub Type

MultiFamily

Year Built

1937

Parcel Number

221800-011-000-0003-119-000-0000

Unit Number

--

Subdivision Name

City/Watertown

Lot Features

Irregular Lot, Residential Lot

Levels

Two

Lot Size Dimensions

57X82

Stories

2

Bath Rooms Full

4

Property Condition

Resale

Elementary School District

Watertown

Middle Or Junior School District

Watertown

High School District

Watertown

Location

Listing Agent

Joseph Murtha

Listing Office

North Star Real Estate & Property Management

Owner Name

--

Owner Phone

--

Possession

Closing

Special Listing Conditions

Standard

Listing Terms

Cash, Conventional

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2026-08-04

Owner Pays

Grounds Care, Heat, Snow Removal, Trash Collection, Water

Rent Includes

Common Area Maintenance, Gardener, Heat, Snow Removal, Trash Collection, Water

Fire Places Total

0

Interior Features

Ceiling Fans, Pull Down Attic Stairs

Flooring

Carpet, Luxury Vinyl, Varies

Heating

true

Heating Features

Gas, Radiators

Appliances

Electric Water Heater

Electric

Circuit Breakers

Garage

--

Garage Spaces

0

Architectural Style

Fourplex

Water Source

Connected, Public

Sewer

Connected

Roof

Metal

Utilities

Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

Parking Features

Paved, Two Or More Spaces

Basement

Full, Walk Out Access

Construction Materials

Vinyl Siding, Copper Plumbing, Pex Plumbing

Patio And Porch Features

Covered, Porch

Listed By

default pic

315-221-3671

jmurtha.northstar@gmail.com

North Star Real Estate & Property Management

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