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Buy a multi-family propertyat 1025 State Street, Watertown, NY 13601

$299,900

$0/mo

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Residential

3,482 Sq. Ft.

6,250 Sq. Ft. lot

8 Bedrooms

4 Bathrooms

289 Days on market

S1486157 MLS ID

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About 1025 State Street multi-family property

Step into a world of timeless charm and profitability with these two adjacent 4-unit properties! Each unit has been thoughtfully renovated, preserving their vintage appeal while offering modern comforts. Tall ceilings, stunning hardwood floors and large windows flood the spaces with natural light, creating a warm and inviting atmosphere. Individually, each property stands as a remarkable investment opportunity, generating impressive monthly income. Combined, their synergy enhances their appeal, offering a duo that complements each other perfectly. Together, they generate over $7,000 per month not including the coin operated laundry. Whether you're looking to expand your investment portfolio or seeking a fantastic opportunity for rental income, these properties fit the bill. With proximity to Fort Drum and Samaritan Hospital, this area offers tremendous appeal for both tenants and investors alike. Embrace the allure of vintage aesthetics with a touch of modern luxury, while enjoying a strong and consistent rental income. The individual price is set at $299,900 or you can purchase the pair at $599,800.
Step into a world of timeless charm and profitability with these two adjacent 4-unit properties! Each unit has been thoughtfully renovated, preserving their vintage appeal while offering modern comforts. Tall ceilings, stunning hardwood floors and large windows flood the spaces with natural light, creating a warm and inviting atmosphere. Individually, each property stands as a remarkable investment opportunity, generating impressive monthly income. Combined, their synergy enhances their appeal, offering a duo that complements each other perfectly. Together, they generate over $7,000 per month not including the coin operated laundry. Whether you're looking to expand your investment portfolio or seeking a fantastic opportunity for rental income, these properties fit the bill. With proximity to Fort Drum and Samaritan Hospital, this area offers tremendous appeal for both tenants and investors alike. Embrace the allure of vintage aesthetics with a touch of modern luxury, while enjoying a strong and consistent rental income. The individual price is set at $299,900 or you can purchase the pair at $599,800.

Property details

Property Access

City Street

Main Thoroughfare

Appliances & Equipment

Gas Water Heater

Basement

Full

Bathrooms

4 full bathrooms

4 total bathrooms

Bedrooms

8 total bedrooms

Building

2 total stories

Built in 1890

3,482 sqft living area

3482 total building sqft

Wood Siding

Community

4 units in community

Expenses

Operating Expense: $9,124

Electric

Fuel

Insurance

Maintenance

Snow Removal

Water/Sewer

Floors

Carpet

Laminate

Varies

Vinyl

Heating

Gas

Forced Air

Income

Gross Income: 43032

Net Operating Income: 31202

Interior Features

Attic

Listing

Property Subtype: Multi Family

5 days on market

Listed on 2023-07-25

Common Area Maintenance

Electricity

Gardener

Heat

Hot Water

Snow Removal

Water

Location

County: Jefferson

Lot

6250 sqft

0.1435 acres

Area: 0.1435

Dimensions: 50X125

Residential Lot

Parking

Paved

Parking Available

Two or More Spaces

Possession

Closing

Property

4 units

Resale

Schools

Elementary School District: Watertown

Middle School District: Watertown

High School District: Watertown

Sewer

Connected

Taxes

Annual Amount: $2,706

Utilities

Cable Available

High Speed Internet Available

Sewer Connected

Water Connected

Monthly cost

Estimated monthly cost

$2,151/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$281,906

+$8,997

$290,903

Seller agent commission$8,997 (3%)*

$0 (0%)

Buyer agent commission$8,997 (3%)*

$8,997 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $8,997 more selling your home
with an Unreal Estate agent

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State

  • Land in New York

Unreal Estate checked: May 10, 2024 at 3:10 p.m.

Data updated: Jul 30, 2023 at 8:15 p.m.

Courtesy of Marble Key Realty LLC.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2024 New York State Alliance. All Rights Reserved.

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