Side-by-Side Duplex with Private
214/218 Charles Street Watertown, NY 13601
214/218 Charles Street, Watertown, NY, 13601
$169,900
For Sale
$169,900
MULTI_FAMILY - Other - Watertown, NY
Property Size1,694 SF
Lot Size0.18 Acres
Price / SF$100.30
Days on Market130
Property Features for 214/218 Charles Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 3, Bathroom 2, Basement, Bedroom 2, Bedroom 4, Bedroom 1
- Parking features
- Garage
- Window features
- Wood Frames
- Patio and Porch features
- Porch
- Exterior features
- PrivateYard
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 221800-003-000-0006-313-000-0000
- Size
- 1,694 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2766
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1919
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Hardwood, Vinyl, Carpet, Varies
- Building materials
- VinylSiding
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
Bridgeview Real Estate
(315) 782-9292
128 TenEyck St #2, Watertown, NY
Listed by
Chenoa Reynolds · License #10401341542
(315) 782-9292
Added: Mar 10 Checked: Jul 17 at 3:06 pm
MLS# S1665306
Listing URL
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This side-by-side duplex is configured as mirror image units, each with its own front porch, front and back entrance, dedicated yard space, and a private dry basement with washer and dryer hookups. The upstairs level includes two bedrooms and one bathroom, while the downstairs area provides dining, living, and kitchen space. Both units have attic crawl space access and substantial closet space. Recent work includes a brand-new metal roof and a new roof on the 2-car garage; Unit 218 is fresh and updated and ready to occupy shortly after sale. Unit 214 has renovations started, including new sheetrock and a new tub with surround, along with a new sink and bathroom vanity included in the sale. Original hardwood floors run throughout most of Unit 214 and some of the living areas. The property also features 150-amp service and separate utilities for each unit, supporting separate utility bills.
The duplex is located on a residential neighborhood street in Watertown, NY, and is described as being blocks from an elementary school and nearby dining/takeout options, including Stewart’s and Tim Hortons. The driveway is shared with the house next door; however, it is double wide so there is no other property’s use of the seller’s side. Additional dedicated off-street parking is available in the rear and side of the house.
For tenants or owner-occupants, the layout supports privacy with separate entrances and dedicated yards, while the individual utility setups help simplify household budgeting. The combination of two-bed, one-bath upstairs bedrooms and washer/dryer hookups can fit a range of residential needs. With a major exterior component completed via the new metal roof and garage roof work, this duplex presents a practical option for those seeking a maintained income property with independent unit configurations.
The duplex is located on a residential neighborhood street in Watertown, NY, and is described as being blocks from an elementary school and nearby dining/takeout options, including Stewart’s and Tim Hortons. The driveway is shared with the house next door; however, it is double wide so there is no other property’s use of the seller’s side. Additional dedicated off-street parking is available in the rear and side of the house.
For tenants or owner-occupants, the layout supports privacy with separate entrances and dedicated yards, while the individual utility setups help simplify household budgeting. The combination of two-bed, one-bath upstairs bedrooms and washer/dryer hookups can fit a range of residential needs. With a major exterior component completed via the new metal roof and garage roof work, this duplex presents a practical option for those seeking a maintained income property with independent unit configurations.
Key Highlights
- Side‑by‑side craftsman duplex built in 1919 with 2‑bed/1‑bath layout per unit
- Brand‑new metal roof installed; includes a 2‑car garage with a new roof
- Each unit has its own dedicated yard space, front porch, front and back entrances, and private dry basement with washer/dryer hookups
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.3k | $12.60 |
| − Vacancy | −$1.4k | −$0.84 |
| EGI | $19.9k | $11.76 |
| − OpEx | −$6.0k | −$3.53 |
| NOI | $13.9k | $8.23 |
1,694 SF · lease $12.60/SF/yr · vacancy 6.65% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$199.2K
$174.3K – $232.5K
NOI $13,947 @ 7.0% cap · market cap 8.21%
Second Best
Apartment 5plus
$178.2K
$156.0K – $208.0K
NOI $12,477 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$467.0K
$408.6K – $544.8K
NOI $32,687 @ 7.0% cap · market cap 19.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Mirror-image duplex offers two-bed units, separate utilities, and dedicated outdoor space with a newly installed metal roof.
Where is this duplex located?
The property is located at 214/218 Charles Street Watertown, NY.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Side‑by‑side craftsman duplex built in 1919 with 2‑bed/1‑bath layout per unit; Brand‑new metal roof installed; includes a 2‑car garage with a new roof; Each unit has its own dedicated yard space, front porch, front and back entrances, and private dry basement with washer/dryer hookups
