Excellent opportunity to own a well-maintained 4-unit income property with strong rental potential and a unit available for immediate VA or FHA owner-occupancy. This investment delivers solid cash flow with a studio currently rented at $675/mo, a 1-bedroom at $875/mo, and an occupied 2-bedroom at $900/mo. The second 2-bedroom unit is vacant and ready to rent, with market rates in the $850–$900/mo range. Fully stabilized, this property can easily bring in $3,200–$3,400 per month—a rare find in today’s market.
The building has been very well cared for, offering peace of mind for both investors and owner-occupants. Plenty of off-street parking is available behind the property, adding convenience and value for tenants.
Opportunities like this don’t last—try finding a better multi-family at these numbers! The owner is seeking a quick sale. Call today for more information or to schedule a tour.
The building has been very well cared for, offering peace of mind for both investors and owner-occupants. Plenty of off-street parking is available behind the property, adding convenience and value for tenants.
Opportunities like this don’t last—try finding a better multi-family at these numbers! The owner is seeking a quick sale. Call today for more information or to schedule a tour.
Property Details
Price:
$189,900
MLS #:
S1654757
Status:
ActiveUnderContract
Beds:
5
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
watertowncity221800
Listed Date:
Dec 17, 2025
Finished Sq Ft:
3,903
Total Sq Ft:
3,903
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1950
Units:
4
See this Listing
Schools
School District:
Watertown
Interior
Appliances
Electric Water Heater, Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Carpet, Laminate, Luxury Vinyl, Varies
Heating
Electric, Gas, Baseboard, Forced Air
Laundry Features
Washer Hookup
Exterior
Architectural Style
Fourplex
Construction Materials
Vinyl Siding, Copper Plumbing, Pex Plumbing
Exterior Features
Fence
Parking Features
Paved, Two Or More Spaces
Roof
Shingle
Financial
Taxes
$3,618
Map
Community
- Address156 High Street Watertown City NY
- CityWatertown City
- CountyJefferson
- Zip Code13601
Subdivisions in Watertown City
- Ball Estate
- Bowers Add
- Camp & Boyd’s Purchase
- Camp & Boyds Purchase
- Catherine Cuff Prop
- Ch Spragues Pinnacle Park
- City Park Add
- City/Watertown
- Cullen Prop
- Eunice D Ball Estate
- Evergreen Mobile Home Par
- George A Eueleigh
- George E Eveleighs Barbeh
- Hillcrest Farm
- Jefferson Land & Improv C
- Kelsey Crk Sub
- Lawrence Hayes Estate
- New Add
- Riders Add
- Shepard Purchase
- Smith Farm Sub
- Smith Farm Sub Map #4
- State Street Add
- Thomas Bighams Prop
- Thompson Gardens
- Brown & Mclaughlins Add
- Clinton W Riders Add
- Haley & Washington
Market Summary
Current real estate data for Multi Family in Watertown City as of Mar 07, 2026
22
Multi Family Listed
112
Avg DOM
76
Avg $ / SqFt
$175,255
Avg List Price
Property Summary
- 156 High Street Watertown City NY is a Multi Family for sale in Watertown City, NY, 13601. It is listed for $189,900 To schedule a showing of MLS#s1654757 at 156 High Street in Watertown City, NY, contact your Concrete Jungle Realty agent at 3472420937.
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Courtesy of North Star Real Estate & Property Management. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 156 High Street
Watertown City, NY