UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,867 sqft
Price per Sqft $71
Subdivision Watertown-Clayton Pt 2
MLS Listing ID S1672658
Bedrooms 6
Construction Status Existing
HOA Y/N No
Year Built 1940
Annual Tax Amount $1,976
Lot Size 1.500 Acres
Acres 1.5
Lot Dimensions 327X210
Property Sub-Type Commercial
Property Description
Eight units, all rented. One-story apartment building at the corner of NYS Route 12 and NYS Route 180 in Clayton, on 1.5 acres with a large open parking lot. Five one-bedrooms, two studios, one three-bedroom. The two most recently turned units were remodeled with new flooring, countertops, and kitchen appliances and both leased this month. Stable long-term tenant base in the rest of the building.
Total rent is $6,173/month ($74,076/year) with every unit occupied. 2025 NOI exceeded $51,000, and that was a year with vacancy.
4,867 sq ft, metal roof, vinyl siding, single-story layouts throughout. Nothing to lease up, nothing to fix. In-place income from day one. Private showings by appointment.
Location
State NY
County Jefferson
Community Watertown-Clayton Pt 2
Area Clayton-223289
Rooms
Basement None
Interior
Heating Propane, Other, See Remarks, Wood
Cooling Other, See Remarks
Flooring Laminate, Luxury Vinyl, Varies, Vinyl
Fireplace No
Appliance Gas Oven, Gas Range, Propane Water Heater, Refrigerator
Laundry Common Area
Exterior
Exterior Feature Blacktop Driveway, Patio, Propane Tank - Leased
Community Features Other, See Remarks
Utilities Available Electricity Available, Electricity Connected
Roof Type Metal
Porch Patio
Garage No
Building
Lot Description Rectangular, Rectangular Lot
Story 1
Sewer Septic Tank
Water Well
Level or Stories One
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Thousand Islands
Others
Senior Community No
Tax ID 223289-052-000-0001-066-000
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1672658
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Richard Santos
Licensed Real Estate Salesperson License ID: 10401324422
Licensed Real Estate Salesperson License ID: 10401324422