Calling all entrepreneurs! This turn-key 5-unit residential apartment building is located in the heart of the city, directly across from Samaritan Hospital. Known for its strong rental history and consistent income generation, the property generates $50K in gross annual rents. Each unit is separately metered for electric, and the building features a roof less than 5 years old along with recently painted exterior. Heat is included in the rent, powered by a Utica steam boiler that is serviced at least once annually. The chimney has been rebuilt by Redfield Construction with stainless steel liners. The unit mix consists of two two-bedroom units on the first floor, two studio units on the second floor, and a spacious 4-5 bedroom unit spanning two levels. Shared laundry facilities are available in the basement for tenant convenience. All work is complete and units have been well-maintained by ownership, this property is truly move-in ready for your next investment venture. Don’t miss this opportunity!
Property Details
Price:
$445,000
MLS #:
S1700040
Status:
Active
Beds:
3
Baths:
0
Type:
Multi Family
Subtype:
Other
Neighborhood:
watertowncity221800
Listed Date:
Jul 27, 2026
Finished Sq Ft:
4,960
Total Sq Ft:
4,960
Lot Size:
7,725 sqft / 0.18 acres (approx)
Year Built:
1950
Units:
5
See this Listing
Schools
School District:
Watertown
Interior
Appliances
Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Flooring
Carpet, Laminate, Tile, Varies
Heating
Gas, Steam
Levels
Two
Exterior
Community Features
None
Construction Materials
Cedar
Exterior Features
Blacktop Driveway
Lot Features
Corner Lot, Rectangular, Rectangular Lot, Residential Lot
Parking Features
One Space, No Garage
Roof
Shingle
Stories
2
Financial
Taxes
$4,791
Map
Community
- Address831 Washington 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
- 831 Washington Street Watertown City NY is a Multi Family for sale in Watertown City, NY, 13601. It is listed for $445,000
Similar Listings Nearby
Courtesy of Bridgeview Real Estate. 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. 831 Washington Street
Watertown City, NY

