14-16 Watson Place

Utica, NY 13502

$569,000
Price
30
Beds
15
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to The Romar! The Romar Building located on Watson Place just off Genesee St. in Utica, NY. The subject properties are two contiguous parcels consisting of a 13 unit prewar building and single family home joined by a common driveway and parking lot with ample space for tenant cars. Currently at the list price the property yields on a blended cap rate over 13% and cash on cash return north of 32%! The main building consists of (1) Studio, (4) 1 Bedroom units, and (8) 2 Bedroom units and the...Welcome to The Romar! The Romar Building located on Watson Place just off Genesee St. in Utica, NY. The subject properties are two contiguous parcels consisting of a 13 unit prewar building and single family home joined by a common driveway and parking lot with ample space for tenant cars. Currently at the list price the property yields on a blended cap rate over 13% and cash on cash return north of 32%! The main building consists of (1) Studio, (4) 1 Bedroom units, and (8) 2 Bedroom units and the single family home is a Cape Cod style home with 3 bedrooms and 2 bathrooms. The main apartment building property was renovated a few years ago and features large floor plans with original hardwood floors, coiffured ceilings, and original details

Property Details for 14-16 Watson Place

Architectural Style
Low Rise, Apartment 4 Plus Unit, 3 Story
Waterfront
No
Parking Total
10.00

Location

Listing Courtesy of The Property Shop
Add your commute
LISTING UPDATED: 04/12/2022 04:25 PM

Property Details for 14-16 Watson Place

StatusActive
MLS #202215190
Days on Market127
Taxes$7,704 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Multi Family
Year Built1935
Lot Size0.22 AC / 9,583 SF
CountyOneida County

Location

Listing Courtesy of The Property Shop
Add your commute

Virtual Tour

Building Information for 14-16 Watson Place

Stories-Residences14Year Built1935Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$2,776 per month

30 year fixed, 3.85% Interest

Principal and Interest

$2,134

Property Taxes

$642

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14-16 Watson Place

Summary
    Location and General Information
  • Postal City: Utica
  • Directions: From North Utica/NYS Thruway, follow Genesee St South for 2.3 miles turn right on to Watson Pl, property is on right hand side
  • City: Utica
  • State Or Province: NY
  • Postal Code: 13501
  • County Or Parish: Oneida
  • Latitude: 43.09
  • Longitude: -75.25
    Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 23
  • Parcel Number: 301600-318-063-0003-023-000-0000
    Parking
  • GarageSpaces: 10.00
    School Information
  • School District: Utica
Property
    Property and Assessments
  • Possession: At Closing
  • Documents Available: LNF, Appraisal
  • Property Type: F
  • Property Type Label: MultiFamily
    Lot Information
  • Year Built: 1935
  • Lot Size Dimensions: 80 X 120
  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9583.2
    Building Information
  • Living Area: 0.0
    Green Features
  • Green Building Verification Type
    Utilities
  • Water Source: Public
  • Separate Utilities : Gas: Yes
  • Separate Utilities : Heat: Yes
  • Separate Utilities : Number Of Separate Electric Meters: 13
  • Separate Utilities : Number Of Separate Gas Meters: 13
Interior and Exterior Features
    Exterior Features
  • Exterior Features: None
    Interior Features
  • Heating: Forced Air, Natural Gas
  • Basement: Finished
  • Heating: Yes
Room Information
    Bathrooms
  • Bathrooms Total Integer: 15
  • Bathrooms Total Decimal: 15.00
  • Bathrooms Total Notational: 15.00
  • Bedrooms Total: 30
  • Bathrooms Full: 15
  • Bathrooms Half: 0
Multi Family
    Multi-Family Information
  • Number Of Units Total: 14

Property History for 14-16 Watson Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 14-16 Watson Place

This home is within Utica City School District.
RatingSchoolTypeGradesDistance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
RatingSchoolDistance
Watson Williams Elementary School
PublicK to 6

Senator James H Donovan Middle School
Public7 to 8

Thomas R Proctor High School
Public9 to 12

Kernan Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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14-16 Watson Place is a multi-family home for sale in Utica, NY 13502. This property was listed for sale on April 8, 2022 by The Property Shop at $569,000. This listing's school district is Utica City School District. Nearby schools include Watson Williams Elementary School, Senator James H Donovan Middle School and Thomas R Proctor High School. 14-16 Watson Place is a 30-bed, 15-bath, multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Property Shop

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.