Watertown, NY 13601,618 State ST

$230,000

$250,000

8.0%
Est.Price: ?

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Est. payment /mo

5,280 SqFt


SOLD DATE : 01/30/2023

Key Details

Sold Price $230,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 5,280 sqft

Price per Sqft $43

MLS Listing ID S1412636

Sold Date 01/30/23

Construction Status Existing

HOA Y/N No

Year Built 1960

Annual Tax Amount $5,287

Lot Size 6,590 Sqft

Acres 0.1513

Lot Dimensions 39X169

Property Description

"I'm not a landlord." That's the answer I asked the owner of this building about the rents he charges his tenants. There are 4 apartments in this building that generate $2,200 per month in rent. In addition the commercial space generates $1,500 per month. However, the commercial space is rented by the owner and he will vacate the premises once the building sale is complete. Every major system in this building has been updated: the roof, the HVAC, the electric service, the water heaters, the appliances in the apartments and all of the floors. This building needs nothing. It's being sold "as-is" since all of the systems have been upgraded and this building has passed an inspection recently. Put your offices in the commercial space or convert it to another rental unit. Either way this building is a moneymaker. You'll save big on maintenance. Schedule your viewing today.

Location

State NY

County Jefferson

Area Watertown-City-221800

Zoning B

Direction The building is located on State Street. When you pass William street the building is on your right.

Rooms

Basement Full

Interior

Heating Gas, Forced Air, Hot Water

Flooring Hardwood, Varies

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt,Other,See Remarks

Total Parking Spaces 6

Building

Building Description Block, Office

Story 3

Sewer Public Sewer

Water Public

Structure Type Block

Construction Status Existing

Schools

School District Watertown

Others

Tax ID 221800-012-000-0005-226-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition Standard

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Listed by NextHome CNY Realty
Bought with NextHome CNY Realty

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Michael Paduano

Licensed Associate Real Estate Broker | License ID: 10301221928

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