Exceptional investment opportunity in one of Watertown’s most desirable neighborhoods! This well-maintained triplex on Gotham Street offers three spacious units; two 2-bedroom, 1-bath apartments and one 3-bedroom, 1-bath unit, each with comfortable layouts and abundant natural light.
Set on an impressive one-acre lot within the city limits, the property offers ample outdoor space rarely found in urban settings; perfect for tenant enjoyment, parking expansion, or future development possibilities. Conveniently located near downtown, schools, shopping, and parks, this location provides easy access to all that Watertown has to offer.
Two of the front units are currently vacant and ready for new tenants or an owner’s personal touch, offering flexibility and immediate income potential. With its solid structure, generous lot size, and strong rental demand, this property presents a rare combination of space, location, and investment potential. A standout addition to any portfolio or an ideal opportunity for owner occupants seeking additional income.
Set on an impressive one-acre lot within the city limits, the property offers ample outdoor space rarely found in urban settings; perfect for tenant enjoyment, parking expansion, or future development possibilities. Conveniently located near downtown, schools, shopping, and parks, this location provides easy access to all that Watertown has to offer.
Two of the front units are currently vacant and ready for new tenants or an owner’s personal touch, offering flexibility and immediate income potential. With its solid structure, generous lot size, and strong rental demand, this property presents a rare combination of space, location, and investment potential. A standout addition to any portfolio or an ideal opportunity for owner occupants seeking additional income.
Property Details
Price:
$279,000
MLS #:
S1650017
Status:
Active
Beds:
7
Baths:
3
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
watertowncity221800
Listed Date:
Nov 9, 2025
Finished Sq Ft:
2,595
Total Sq Ft:
2,595
Lot Size:
40,511 sqft / 0.93 acres (approx)
Year Built:
1850
Units:
3
See this Listing
Schools
School District:
Watertown
Elementary School:
Knickerbocker Elementary
Middle School:
Case Middle
High School:
Watertown Senior High
Interior
Appliances
Gas Water Heater
Bathrooms
3 Full Bathrooms
Flooring
Carpet, Hardwood, Varies, Vinyl
Heating
Gas, Forced Air
Interior Features
Cathedral Ceilings, Natural Woodwork
Laundry Features
Washer Hookup
Levels
Two
Exterior
Construction Materials
Frame, Stone, Vinyl Siding
Exterior Features
Private Yard, See Remarks
Lot Features
Rectangular, Rectangular Lot, Residential Lot, Wooded
Parking Features
Gravel, Paved, Two Or More Spaces
Roof
Shingle
Stories
2
Financial
Taxes
$3,393
Map
Community
- Address1011 Gotham Street Watertown City NY
- CityWatertown City
- CountyJefferson
- Zip Code13601
Subdivisions in Watertown City
- 252-258 East Main Street
- Binghams Lands
- Bowers Add
- Camp & Boyds Purchase
- Catherine Cuff Prop
- Ch Spragues Pinnacle Park
- City Park Add
- City/Watertown
- City/Watrtown
- Clinton W Riders Add
- Cowans Rearrangement/Lans
- Cullen Prop
- Evergreen Mobile Home Par
- George A Eueleigh
- George E Eveleighs Barben
- Haley Prop
- Hillcrest Farm
- J D Huntingtons Add
- Lansings Add
- Mary A Lansings Add
- Parkview Add
- Pleasant View Add
- Riders Add
- Smith Farm Sub Map #4
- State Street Add
Market Summary
Current real estate data for Multi Family in Watertown City as of Aug 27, 2026
37
Multi Family Listed
85
Avg DOM
82
Avg $ / SqFt
$222,738
Avg List Price
Property Summary
- 1011 Gotham Street Watertown City NY is a Multi Family for sale in Watertown City, NY, 13601. It is listed for $279,000
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Courtesy of Berkshire Hathaway HomeServices CNY Realty Watn. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 1011 Gotham Street
Watertown City, NY