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    264 S Massey St Watertown, NY 13601

    Under Contract
    For Sale
    $399,900

    MULTI_FAMILY - Watertown, NY

    Property size:
    8,509 SF
    Lot size:
    0.81 Acres
    Days on Market:
    84
    Last Refresh:
    Dec 14 at 11:06 pm

    Property Features for 264 S Massey St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Rooms
    Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 1, Basement, Bedroom 2
    Bedrooms
    6
    APN
    221800-010-000-0004-101-000-0000
    Parking features
    Driveway, Garage
    Exterior features
    BlacktopDriveway
    Appliances
    ElectricOven, ElectricRange, ElectricWaterHeater, Refrigerator
    Size
    8,509 SF
    Lot size
    0.81 Acres

    Utilities

    Heating system
    Natural Gas, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    6
    Flooring type
    Hardwood, Carpet, Varies, Vinyl, Laminate
    Building materials
    Brick, WoodSiding
    Roof type
    Shingle

    Bridgeview Real Estate Services (315) 782-9292 [email protected]

    Listing agent Jennifer L Flynn (315) 782-9292 License #10491211015

    Listing date Sep 22, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Watertown Multifamily Investment Opportunity

    This well-maintained 6-unit apartment building is situated on a 0.80-acre lot in Watertown. The two-story brick and wood structure features a welcoming front porch and ample off-street parking. The property includes one 2-bedroom unit and five 1-bedroom units, along with individual water heaters and electric meters. Tenants are responsible for their electric usage, which helps maintain low operating expenses. The landlord covers the costs of water, heat, trash, lawn care, and snow removal. Additional features include secure entry for tenant safety and a coin-operated laundry in the basement for added convenience. The building is equipped with 200-amp service and currently houses long-term tenants. The property is located minutes from local shopping, dining, and amenities. This building combines charm with solid rental income, making it a fantastic investment opportunity for both new and seasoned investors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Jefferson
    State
    New York
    Longitude
    -75.920035
    Latitude
    43.972997

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    FAQs

    What type of property is this?
    Apartment building - Charming 6-unit apartment building on a spacious 0.80-acre lot.
    Where is this apartment building located?
    The property is located at 264 S Massey St Watertown, NY.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Solid 6-unit apartment building on a large 0.80-acre lot.; - Individual water heaters and electric meters for each unit.; - Low operating expenses due to tenants paying their own electric.
    (315) 782-9292
    Request Owner's contact information
    264 S Massey St Watertown, NY 13601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    264 S Massey St Watertown, NY 13601
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