c.1900 Six Bedroom New York Home $51,500
OHU50K Notes $51,500
c.1900 Six Bedroom New York Home. Located on a lovely tree lined street with other historic homes.

Realtor Comments
This is a Fannie Mae HomePath property! Multi-family home situated on a spacious lot, located close to your needed amenities. Each unit offers a nice open floor plan, allowing lots of natural light to flow throughout. Dont miss it!
- 6 bed
- 3 bath
- 2,732 sqft
- 7,919 sqft lot
- Build date 1900




Pros
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Affordability & housing value
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The median home value is around ~$125,000 in some estimates, which is much lower than many parts of the U.S. and New York state.
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Cost of living metrics show that on average expenses are below national average (though not uniformly).
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Because housing is more affordable, it may offer more value for people looking to own, especially compared to high‐cost metros.
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Accessible nature & recreation
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The city features amenities like Thompson Park (450 acres, zoo, trails) which add to the outdoor recreational appeal.
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Proximity to the Black River for walking paths, water‐related recreation and scenic areas.
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For those who like four seasons (including snowy winter) and nature access, Watertown delivers.
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Historic character & downtown assets
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The downtown “Public Square” and historic buildings give a sense of place and heritage.
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Real estate listings note varied architectural styles (Victorian, older homes) which can appeal to buyers seeking character.
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A smaller city size means less traffic/commute for many compared to large metros.
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Community feel & potential
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As one Redditor noted:
“There are tons of great local restaurants and stores… we have a small ski area… great place to have a family.”
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Some folks relocating for jobs (such as at Fort Drum) find the cost/quality trade‐off appealing.
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Good for someone who values quieter pace, affordability and wants to be part of a community.
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Cons
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Crime and safety concerns
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Crime rates (both violent and property crime) are significantly above national averages according to multiple sources.
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Example: property crime rate of around 3,900 per 100K in one report; violent crime rate ~735 per 100K.
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This means that when choosing neighborhoods, you’ll want to do careful local research.
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Economic challenges & lower incomes
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Median household income is low (in the ~$41,918 range) compared to national median.
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The poverty rate is high (around 21% in one measurement).
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Employment and job growth appear more modest or constrained relative to stronger metro economies.
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If high‐income growth or booming economy is a priority, this may be a limitation.
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Declining population & slower growth
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The city’s population has been declining (-8.3% over 5 years in one dataset).
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Declining population can mean fewer new businesses, less growth momentum, and potential for stagnation.
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Winter weather & climate trade-offs
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Winters are long, cold, and snowy (lake‐effect in some parts). Some Reddit commentary points this out.
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If you dislike snow, cold, short daylight months, this may be a significant factor.
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Amenities, entertainment & diversity of options limited
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While there are some shops, recreation, and restaurants, many residents feel the variety is limited. For example:
“There’s not a lot of excitement or things to do like there are in the city…”
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Neighborhood quality and housing condition vary widely; older housing stock may need updates.
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Public transit and transport options may be limited; reliance on car for many.
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