CCertihomes
264 S Massey Street, Watertown City, NY 13601

$399,900

6 beds 0 baths 8,509 sqft Built 195015 days on marketActive

About this home

Don't miss this rare chance to own a charming and well-maintained 6-unit apartment building situated on a spacious 0.80-acre lot in the city of Watertown. This solid two-story brick and wood structure offers timeless character and curb appeal complete with a welcoming front porch and ample off-street parking. The property features one 2-bedroom unit and five 1-bedroom units, individual water heaters and electric meters. Tenants pay their own electric helping to keep operating expenses low. The landlord covers water, heat, trash, lawn care, and snow removal. Additional highlights include secure entry for tenant safety, coin-operated laundry in the basement for added convenience, 200-amp service, long-term tenants already in place, just minutes to local shopping, dining, and amenities. This building combines charm with solid rental income, making it a fantastic investment opportunity for both new and seasoned investors.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$6,107/mo

Real estate (PITI + HOA + PMI)
$3,932
Principal + interest$2,566
Property tax + insurance$1,216
PMI / 2nd mortgage$150
Utilities
$4,467
Heating + cooling$2,084
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$6,107/mo TLC
Budget$6,607/mo
Remaining after TLC$500/mo
Purchase price
$399,900
Down payment
$19,995 (5%)
Loan amount
$379,905
APR
7.15%

Quick facts

Type
Other
Style
Year built
1950
Lot size
0.805 ac
Stories
2
Heating
Gas, HotWater
Cooling
Water
Connected, Public
HOA
Annual tax
$6,003
MLS #
S1615037
County
Jefferson

At a glance

Basement

Home features

Appliances
ElectricOvenElectricRangeElectricWaterHeaterRefrigerator
Exterior
BlacktopDriveway
Parking
ThreeOrMoreSpacesDrivewayNoGarage
Flooring
Carpet, Hardwood, Laminate, Varies, Vinyl
Roof
Shingle
Sewer
Connected

Lot features

Rectangular, RectangularLot, ResidentialLot

Neighborhood — 13601

MetricThis ZIPCountyUSA
Population32,79219,351,094299,088,112
Population Change Since1990-7.00%8.00%20.00%
Population Density245395
Male15,6559,381,926147,432,321
Female17,1379,969,168151,655,844
Never Married6,6714,946,39163,775,926
Married12,6197,166,701123,120,365
Separated1,7431,159,67312,639,686
Widowed2,0091,110,24515,467,586
Divorced2,7791,210,44823,075,029
Number Of House Hold12,4717,102,016111,826,380
Average House Hold Size2.532.642.60
Medial Age34.0536.5335.46
Median House Hold Income$33,861$49,847$48,276
Average House Hold Income$44,637$70,032$63,629
P C I$17,680$26,569$24,529
M D I$29,953$42,210$41,133
A T H E$40,488$54,185$50,898
S T R7.75%4.00%
W C J80.27%81.55%77.74%
(Zip) Code
13601

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 7/3/2025. Provided courtesy of Bridgeview Real Estate via Buffalo MLS. Information deemed reliable but not guaranteed.