831 Washington St, Watertown, NY, 13601
About This Home
Calling all entrepreneurs! This turn-key 5-unit residential apartment building is located in the heart of the city, directly across from Samaritan Hospital. Known for its strong rental history and consistent income generation, the property generates $50K in gross annual rents. Each unit is separately metered for electric, and the building features a roof less than 5 years old along with recently painted exterior. Heat is included in the rent, powered by a Utica steam boiler that is serviced at least once annually. The chimney has been rebuilt by Redfield Construction with stainless steel liners. The unit mix consists of two two-bedroom units on the first floor, two studio units on the second floor, and a spacious 4-5 bedroom unit spanning two levels. Shared laundry facilities are available in the basement for tenant convenience. All work is complete and units have been well-maintained by ownership, this property is truly move-in ready for your next investment venture. Don't miss this opportunity!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1950
Materials
- Roof: Shingle
- Construction materials: Cedar
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Oven,Gas Range,Gas Water Heater,Refrigerator
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 3
Features
- Flooring: Carpet,Laminate,Tile,Varies
Heating
- Heating features: Gas,Steam
Interior Area
- Total structure area: 4,960
- Total interior livable area: 4,960 sqft
Property
Details
- Parcel number: 22180001100000131260000000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Exterior features: Blacktop Driveway
Lot
- Lot size: 7,723 sqft
- Features: Corner Lot,Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 75 x 103
Parking
- Parking features: One Space,No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Cold Wave
- Inland Flooding
- Ice Storm
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Jefferson County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,250 | $27,000 |
| Home Insurance * | $232 | $2,784 |
| Property Taxes | $489 | $5,868 |
| Electricity | $819 | $9,836 |
| Total | $3,790 | $45,480 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-27 | Listed for sale | $445,000 |
View on Zillow