273 Paddock ST, Watertown-City NY 13601 Photo 1 273 Paddock ST, Watertown-City NY 13601 Photo 2 273 Paddock ST, Watertown-City NY 13601 Photo 3 273 Paddock ST, Watertown-City NY 13601 Photo 4 273 Paddock ST, Watertown-City NY 13601 Photo 5 273 Paddock ST, Watertown-City NY 13601 Photo 6 273 Paddock ST, Watertown-City NY 13601 Photo 7 273 Paddock ST, Watertown-City NY 13601 Photo 8 273 Paddock ST, Watertown-City NY 13601 Photo 9 273 Paddock ST, Watertown-City NY 13601 Photo 10 273 Paddock ST, Watertown-City NY 13601 Photo 11 273 Paddock ST, Watertown-City NY 13601 Photo 12 273 Paddock ST, Watertown-City NY 13601 Photo 13 273 Paddock ST, Watertown-City NY 13601 Photo 14 273 Paddock ST, Watertown-City NY 13601 Photo 15 273 Paddock ST, Watertown-City NY 13601 Photo 16 273 Paddock ST, Watertown-City NY 13601 Photo 17 273 Paddock ST, Watertown-City NY 13601 Photo 18 273 Paddock ST, Watertown-City NY 13601 Photo 19 273 Paddock ST, Watertown-City NY 13601 Photo 20 273 Paddock ST, Watertown-City NY 13601 Photo 21 273 Paddock ST, Watertown-City NY 13601 Photo 22 273 Paddock ST, Watertown-City NY 13601 Photo 23 273 Paddock ST, Watertown-City NY 13601 Photo 24 273 Paddock ST, Watertown-City NY 13601 Photo 25

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273 Paddock ST - Own a piece of Watertown History and build your retirement portfolio at the same time! The Carlisle Mansion was converted to an apartment building in 1937. Meticulously cared for since, and in last 10 years modernized with updated electrical, hot water, heating systems, roof, revitalized exterior, newer kitchens, baths and windows in most units. One of the best occupancy rates in town, long term, professional tenants. Parking for each unit, laundry and GROSS POTENTIAL INCOME OF $134,460 with current rents. Carriage house could be single family home. Fully loaded cash on cash return 21%. Virtual Tour

Listing information

  • MLS® ID: S361158
  • Status: Active
  • New Construction: No
  • Lot Area: 0.53
  • School District: Watertown
  • Style: Other
  • Stories: 3
  • Foreclosure: No
  • Lot Size: 104x220
  • Year Built: 1900
  • Parking Type Description: Garage 0 cars
  • Total Square Footage: 13,581 ($54.86 per sq. foot)
  • Estimated Annual Taxes: $12,724

Features

Available Documents Lease/Sublease, Operating Statements, Other - See Remarks
Basement Description Full
Category Apartments
Heating Fuel Description Gas
HVAC Type Hot Water
Income/Expense Information Provided By Accountants
Living Quarters Description Other - See Remarks
Location Corner, Residential
On Waterfront Y/N 0
Operating Expenses Include Other - See Remarks
Other Age - 116, Area NYSWIS Code - Watertown-City-221800, Boiler Type - High Pressure-Steam, Businessis Franchise Y/N - 0, City Village Tax - 4158, Gross Annual Income - 0, Living Quarters Y/N - 1, Nearest Cross Street - Holcomb St, Num Bedrooms 4th Floor - 0, Num Full Baths 4th Floor - 0, Num Half Baths 4th Floor - 0, Num of 1 Bedroom Units - 12, Num of 2 Bedroom Units - 2, Num of 3 Bedroom Units - 0, Num of Buildings - 2, Num of Residential Units - 16, Num of Studio Units - 2, Property Type - Commercial/Industrial, School Tax - 4563, Second Mortgage Home Equity Bala - 0, Supplement Count - 2, Total Num of Units - 16, Town County Tax - 4003, Transaction Type - Sell, Value Range Pricing Y/N - 0, Value Range Search Low Price - 745000.00, Village - Not Applicable, Year Built Description - Existing, Zoning Code - Com 1
Parking Description Surfaced
Property Use Conforming
Roof Description Asphalt
Sale Includes Building and Business, Land, Other - See Remarks
Sewer Water Public Sewer Connected
Tenant Pays Electric, Insurance, Other - See Remarks, Rent
Type Of Building Residential
Type of Sale Normal
Listing Courtesy of Bridgeview Real Estate Services