Great Investment Opportunity! This income-producing duplex features a spacious 3-bedroom, 1-bathroom lower unit and a 1-bedroom, 1-bathroom upper unit. Both apartments currently rent with all utilities included, while the property benefits from separate electric meters for the upper and lower units, providing flexibility for future rental arrangements.
The property currently generates $2,975 per month in rental income with guaranteed income, offering a strong and consistent revenue stream for an investor. Tenants also enjoy a large driveway and oversized yard, providing plenty of parking and outdoor space.
With two separate units, established rental income, separate metering, and desirable outdoor amenities, this property is a solid addition to any rental portfolio.
The property currently generates $2,975 per month in rental income with guaranteed income, offering a strong and consistent revenue stream for an investor. Tenants also enjoy a large driveway and oversized yard, providing plenty of parking and outdoor space.
With two separate units, established rental income, separate metering, and desirable outdoor amenities, this property is a solid addition to any rental portfolio.
Property Details
Price:
$165,000
MLS #:
S1716565
Status:
ActiveUnderContract
Beds:
4
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
watertowncity221800
Listed Date:
Sep 21, 2026
Finished Sq Ft:
1,710
Total Sq Ft:
1,710
Lot Size:
14,058 sqft / 0.32 acres (approx)
Year Built:
1900
Units:
2
See this Listing
Schools
School District:
Watertown
Interior
Appliances
Electric Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Ceramic Tile, Hardwood, Luxury Vinyl, Varies
Heating
Electric, Gas, Forced Air, Radiant
Exterior
Construction Materials
Stucco, Vinyl Siding
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Features
Gravel
Financial
Taxes
$2,436
Map
Community
- Address132 North Rutland 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 Oct 11, 2026
39
Multi Family Listed
93
Avg DOM
88
Avg $ / SqFt
$225,718
Avg List Price
Property Summary
- 132 North Rutland Street Watertown City NY is a Multi Family for sale in Watertown City, NY, 13601. It is listed for $165,000
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Courtesy of Matteson Property Management, LLC. 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. 132 North Rutland Street
Watertown City, NY