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454 S Massey Street, Watertown, NY 13601

Watertown
Local realty services provided by:CENTURY 21 Bridgeway Realty
454 S Massey Street,Watertown, NY 13601
$374,900
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  • 5 Beds
  • - Baths
  • 4,215 sq. ft.
  • Multi-family
  • Active
Listed by: zachary ludemann perini
Office: north star real estate & property management
MLS#:S1692040
Source:NY_GENRIS

Price summary

  • Price:$374,900
  • Price per sq. ft.:$88.94

About this home

You found it—the investment property you've been waiting for! This turnkey 5-unit multifamily property is 100% occupied and generating income from day one. Featuring five 1-bedroom, 1-bath apartments, this well-maintained asset offers the combination investors are always searching for: strong occupancy, consistent cash flow, low maintenance, and pride of ownership throughout. The property currently generates $51,600 in annual gross income and approximately $36,000 in Net Operating Income, with low annual property taxes of just $3,356. Four of the five units have been extensively renovated with updated kitchens, bathrooms, electrical systems, lighting, flooring, and fresh paint, creating attractive and comfortable living spaces for tenants. The property shows exceptionally well and offers peace of mind with no known deferred maintenance. Exterior improvements include recently painted wood siding, a shingle roof, and a blacktop driveway with ample off-street parking. Additional...

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Home facts

  • Year built:1950
  • Subdivision & Development:City/Watertown
  • Listing ID #:S1692040
  • Added:126 day(s) ago
  • Updated:October 23, 2026 at 03:18 PM

Rooms and interior

  • Bedrooms:5
  • Flooring:Carpet, Laminate, Varies
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Full
  • Living area:4,215 sq. ft.

Heating and cooling

  • Heating:Electric, Forced Air, Gas, Hot Water, Wall Furnace

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:4,215 sq. ft.
  • Lot area:0.65 Acres
  • Lot Features:Near Public Transit, Rectangular
  • Construction Materials:Wood Siding
  • Exterior Features:Fully Fenced
  • Levels:2 Stories

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$374,900
  • Price per sq. ft.:$88.94
  • Tax amount:$3,356

Features and amenities

  • Appliances:Refrigerator

Parking

  • Parking description:Driveway, No Garage, Two Spaces

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