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    140 E Main St Watertown, NY 13601

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    For Sale
    $179,900

    Income-producing triplex near downtown Watertown with separately metered utilities.

    Lot size:
    0.16 Acres

    Property Features for 140 E Main St

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1900

    Source: Forte Management Group Agent Stephen Byers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Watertown Triplex with Rental Income

    This triplex property has generated consistent rental income since 2022. All three units are currently rented. Apartment #1 is rented for $1025 per month, while Apartments #2 and #3 are rented for $825 per month each. The owner updated Apartment #1 in 2022. Each of the three apartments has separate gas and electricity meters, and tenants are responsible for paying their own utilities. The property includes off-street parking for all three units and is designed for ease of maintenance. Located near the square, the property offers convenient access to restaurants and shopping. A city bus line is located nearby, providing tenants with transportation options for employment, grocery shopping, and other services.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Jefferson
    State
    New York
    Longitude
    -75.9051064
    Latitude
    43.979191

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    FAQs

    What type of property is this?
    Triplex - Income-producing triplex near downtown Watertown with separately metered utilities.
    Where is this triplex located?
    The property is located at 140 E Main St Watertown, NY.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - Consistent income producer since 2022 with all 3 units currently rented.; - Tenants pay their own gas and electricity due to separate metering for each unit.; - Off-street parking available for all three units.
    (315) 767-5893
    Request Owner's contact information
    140 E Main 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
    140 E Main St Watertown, NY 13601
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