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    OFF-MARKET
    Commercial real estate

    211 Clinton St, Watertown, NY 13601

    6,227 SF 0.2 ac lot Built 1850
    Property ID
    US63-6155378
    Property summary
    AI-generated overview

    This exceptional investment opportunity encompasses two adjacent properties at 211 and 215 Clinton Street in Watertown, NY, offering a total of seven income-generating apartments. The combined square footage is 6,227 square feet, situated on a 0.2-acre lot. The properties boast significant recent upgrades, enhancing their value and appeal. 211 Clinton Street features four apartments and has undergone substantial renovations, including a complete roof replacement with 50-year shingles in 2018, a new furnace installed in September 2020, and new flooring and appliances in select units. A new hot water heater was installed in May 2024. Most windows were replaced approximately 12 years ago. 215 Clinton Street comprises three apartments and received a new furnace in March 2020. Both buildings provide convenient storage areas for tenants and/or owners. A large, shared parking lot is located at the rear of the properties. This prime location offers easy access to downtown Watertown's shopping, dining, schools, and the local hospital, ensuring high tenant demand and occupancy rates. The asking price for this lucrative multifamily investment is $365,000. The provided square footage, assessment, and tax amounts reflect the combined value of both properties.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1850
    Total area 6,227 SF
    Lot 0.2 ac (8,712 SF)
    UPID US63-6155378
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Sarah's house Apartment Complex
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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