254 Main St Watertown, NY 13601
- Commercial real estate
- 7,488 SF
- 0.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 254 Main St
- Year built
- 1950
- Lot size
- 0.20 lot acres
- Property size
- 7,488 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a six-unit apartment building ideally situated on East Main Street in Watertown, NY. The property boasts a total of 7,488 square feet and sits on a 0.2-acre lot, providing ample parking for residents. Each of the six apartments features three bedrooms and one bathroom, catering to a wide range of tenants. Two units (apartments 2 and 4) offer the convenience of in-unit washer/dryer hookups, while all units are equipped for laundry connections. Recent renovations have significantly enhanced the property's appeal, including fresh interior paint, new flooring throughout, and completely remodeled bathrooms. This meticulous attention to detail ensures a high-quality living experience for tenants and maximizes rental income potential. The building's location is another key advantage, offering proximity to Watertown's vibrant downtown square and local schools, making it highly attractive to families and professionals alike. The property's strong rental history and excellent condition make it an ideal addition to any investment portfolio. With its attractive features and strategic location, this six-unit apartment building represents a compelling opportunity for significant return on investment. The property is priced at $425,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Jefferson
- State
- New York
- Longitude
- -75.90079
- Latitude
- 43.98047
