UPDATED:
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,867 sqft
Price per Sqft $71
Subdivision Watertown-Clayton Pt 2
MLS Listing ID S1672679
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 Apartment
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
Zoning COM 1
Rooms
Basement None
Interior
Heating Propane, Other, See Remarks, Wall Furnace
Cooling Other, See Remarks
Inclusions Land and Building
Fireplace No
Exterior
Exterior Feature Propane Tank - Leased
Utilities Available Electricity Available, Electricity Connected
Roof Type Metal
Total Parking Spaces 25
Building
Lot Description Rectangular, Rectangular Lot
Story 1
Sewer Septic Tank
Water Well
Level or Stories One
Construction Status Existing
Schools
School District Thousand Islands
Others
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/S1672679
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Richard Santos
Licensed Real Estate Salesperson License ID: 10401324422
Licensed Real Estate Salesperson License ID: 10401324422