43-Unit Investment Opportunity – Watertown, NY
Starting bid is $150,000
This property is going to Auction September 14th,2026 at Noon with Crexi. Link is
https://www.crexi.com/properties/1739554/new-york-west-main-estates
Non-Contingent
Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
Marketing Fee: 3% of the Winning Bid Amount, $20,000 minimum
$10,000 Participation Deposit
Property is currently vacant and condemned.
Exceptional opportunity to acquire a 43-unit multifamily property in Watertown through an upcoming auction. The property features a diverse mix of studio, one-bedroom, and two-bedroom apartments.
Numerous improvements have been completed, including apartment renovations, upgraded appliances, replacement windows installed in 2019, and a recently constructed sidewalk. The property also offers ample on-site parking for residents.
Conveniently located within walking distance of the Black River, downtown Watertown, schools, shopping, dining, and other local amenities, this property presents significant income and investment potential.
Starting bid is $150,000
This property is going to Auction September 14th,2026 at Noon with Crexi. Link is
https://www.crexi.com/properties/1739554/new-york-west-main-estates
Non-Contingent
Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
Marketing Fee: 3% of the Winning Bid Amount, $20,000 minimum
$10,000 Participation Deposit
Property is currently vacant and condemned.
Exceptional opportunity to acquire a 43-unit multifamily property in Watertown through an upcoming auction. The property features a diverse mix of studio, one-bedroom, and two-bedroom apartments.
Numerous improvements have been completed, including apartment renovations, upgraded appliances, replacement windows installed in 2019, and a recently constructed sidewalk. The property also offers ample on-site parking for residents.
Conveniently located within walking distance of the Black River, downtown Watertown, schools, shopping, dining, and other local amenities, this property presents significant income and investment potential.
Property Details
Price:
$150,000
MLS #:
S1703960
Status:
Active
Beds:
40
Baths:
0
Type:
Multi Family
Neighborhood:
watertowncity221800
Listed Date:
Aug 3, 2026
Finished Sq Ft:
31,835
Total Sq Ft:
31,835
Lot Size:
26,100 sqft / 0.60 acres (approx)
Year Built:
1950
Units:
43
See this Listing
Schools
School District:
Watertown
Interior
Appliances
Electric Water Heater, Gas Cooktop, Refrigerator
Flooring
Carpet, Hardwood, Tile, Varies, Vinyl
Heating
Gas, Hot Water, Radiators, Steam
Laundry Features
Coin Operated
Exterior
Community Features
Laundry Facilities
Construction Materials
Brick, Copper Plumbing, Pex Plumbing
Exterior Features
Gravel Driveway
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
One Space, No Garage
Roof
Flat, Membrane, Rubber
Security Features
Security System Leased, Fire Escape
Stories
4
Financial
Taxes
$21,895
Map
Community
- Address232 West Main 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
- 232 West Main Street Watertown City NY is a Multi Family for sale in Watertown City, NY, 13601. It is listed for $150,000
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Courtesy of North Star Real Estate & Property Management. 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. 232 West Main Street
Watertown City, NY