702 -704 Academy Street, Watertown, NY 13601

Local realty services provided by:HUNT Real Estate ERA
702 -704 Academy Street,Watertown, NY 13601
$159,900
  • 8 Beds
  • 4 Baths
  • 5,235 sq. ft.
  • Multi-family
  • Active
Listed by:
MLS#:S1627301
Source:NY_GENRIS

Price summary

  • Price:$159,900
  • Price per sq. ft.:$30.54

About this home

Welcome to 702 -704 Academy Street – a well-maintained 4-unit multi-family property offering strong rental potential and solid returns. Each unit features 2 bed 1 bath. Located in a quiet neighborhood, and close proximity to downtown shops, schools, and Fort Drum, this property is a perfect addition to any investor's portfolio. Whether you're looking to live in one unit and rent the others or grow your rental income, this turn-key property offers flexibility and long-term value. Currently includes 3 rented units with long term reliable tenants. Almost at 11% CAP rate with 3 units rented with potential for 15%. Building is up to date on inspections and rental registry. Don’t miss your chance to own a cash-flowing asset in a high-demand rental market!

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Home facts

  • Year built:1950
  • Listing Id #:S1627301
  • Added:13 day(s) ago
  • Updated:August 14, 2025 at 02:53 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:5,235 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1950
  • Building area:5,235 sq. ft.
  • Lot area:0.1 Acres

Schools

  • High school:Watertown Senior High
  • Middle school:Case Middle
  • Elementary school:Knickerbocker Elementary

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$159,900
  • Price per sq. ft.:$30.54
  • Tax amount:$2,004