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For Sale

1025 State Street

Watertown, NY 13601

$315K
· 0.2 ac
The residence

Fully occupied 4-unit investment property at 1023-1025 State Street, Watertown. Four 2-bedroom, 1-bath units, two on each side, currently rent for $1,300, $997.50, $985, and $975 per month, a total of $4,257.50/month ($51,090/year) per the current rent roll. Leases are staggered, with terms running from late 2026 into 2028. The property totals 3,482 sq ft on approximately 0.2 acre and includes a second lot behind the home. Basement laundry is available for tenant use at their expense, and many updates have been completed throughout. Located minutes from downtown Watertown, with easy access to shopping, dining, Thompson Park, the Black River, and Fort Drum commuter routes. A strong fit for buy-and-hold investors, or for an owner-occupant looking to house-hack. Rent roll available to qualified buyers. Offered at $325,000.

At a glance
Property type
Status
Active
Lot size
0.2 acres
MLS#
12004270
Beds · Baths
0 · 0
Location

Watertown, NY.

Watertown, New York, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+
$2K/mo
Approximate · principal & interest only
Display Currency
$315K

Indicative conversion — settlement always in USD.

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Listing courtesy of IRE INVESTMENTS · NYSMLS

My State MLS / New York State MLS.Listing data is provided by My State MLS / New York State MLS for the personal, non-commercial use of consumers, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Information is deemed reliable but is not guaranteed accurate and should be independently verified.

Listings updated Oct 16, 2026

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