418 Clay Street Watertown City, NY $ 239,900
418 Clay Street
$ 239,900
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418 Clay Street

Watertown City, NY, 13601
$ 239,900
Bedrooms5 Baths4.0 Sq 3,066

Monthly Estimate*

$ 1,515

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Multi-Family Home for sale in Watertown City, NY for $239,900 with 5 bedrooms and 4 full baths. This 3,066 square foot home was built in 1937 on a lot size of 0.1073.

4-Unit Income Property in Downtown Watertown Exceptional cash-flowing investment in prime Watertown location, just 3 blocks from Public Square. This well-maintained 4-unit building is ready to perform immediately. It's ideal for owner-occupant house hackers or portfolio investors seeking strong returns. UNIT BREAKDOWN: Three 1-bedroom units and one 2-bedroom unit. Each unit features a private porch, built-in refrigerator, and stove. CURRENT INCOME: Monthly rents total $3,140 ($850 + $750 + $770 + $770). Annual gross income: $37,680. Property taxes: Under $2,300/year. Tenants pay own electric; landlord covers heat and water. RECENT IMPROVEMENTS: Driveway, gas boiler updated, soffit and fascia refreshed. WHY THIS WORKS: 4 units are rare in this market! Strong central location with consistent tenant demand and minimal capital expenditure needs. Property is well-maintained and positioned to generate immediate cash flow. Perfect stepping stone for owner-occupants looking to house hack while building equity, or a solid addition for active investors scaling portfolios.

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Multi-Family Active

Price

$ 239,900

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,119

Style

Fourplex

Lot Size

0.1073

Year Built

1937

Town/City

Watertown City

County/Region

JEFFERSON

MLS | Web ID

S1703592

Features
Interior
Interior Amenities CeilingFans PullDownAtticStairs
Basement Full WalkOutAccess
Flooring Carpet LuxuryVinyl Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 5
Main Level Bathrooms 0
Total Baths 4
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General
Sewer Connected
Heating Gas Radiators
Utilities CableAvailable ElectricityConnected HighSpeedInternetAvailable SewerConnected WaterConnected
Possession Closing
Roof Metal
Appliances ElectricWaterHeater
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Fourplex
Construction Materials VinylSiding CopperPlumbing PexPlumbing
School District Watertown
Year Built 1937
Electric CircuitBreakers
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype MultiFamily
County Jefferson
Property Type Residential
Subdivision Name City/Watertown
Rent Includes CommonAreaMaintenance Gardener Heat SnowRemoval TrashCollection Water
Full Baths 4
Status Active
Directions From Public Square take Washington St Turn left onto Academy St take right onto Clay St property will be on the right.
City Watertown City
Senior Community Y/N No
High School District Watertown
Number Of Units Total 4
MLS Area Watertown-City-221800
Lot Size Units Acres
Lot Size Square Feet 4674.0
Year Built Details Existing
Tax Annual Amount 2119.0
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1703592
Standard Status Active
Middle/Junior School District Watertown
Elementary School District Watertown
Tax Assessed Value 63300
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 119
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Exterior
Parking Features Paved TwoOrMoreSpaces
Lot Features IrregularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.1073
Building Area Total 3066.0
Lot Dimensions 57X82
Lot Size Acres 0.1073
Waterfront Y/N No
Number of Separate Gas Meters 1
Number of Separate Electric Meters 5
Road Frontage Type CityStreet
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Internal Only
Street Number 1 418
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* Excluded Features
List By
North Star Real Estate & Property Management

Broker

jmurtha.northstar@gmail.com

Email

Affordability Calculator

$1,691
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,515
Monthly Property Taxes
$177
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
247479 Elementary School
248093 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/4/2026$239,900 Listed Price

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418 Clay Street, Watertown City, NY, 13601 is a Multi-Family Home for sale at $239,900 with 3,066 sqft and a lot size of 0.1073. 418 Clay Street has 5 bedrooms, 4.0 baths, and was built in 1937. The property's zip code is 13601 which is in Watertown City, NY