Active

702 -704 Academy Street
Watertown City, NY 13601

$159,900
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Property Description

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!

Details

Utilities: Sewer Connected, Water Connected
Appliances: Gas Water Heater
Flooring: Carpet, Varies, Vinyl
Basement: Full
Heating: Gas, Forced Air
Architectural Style: Fourplex
Exterior Features: Balcony
Construction Materials: Cedar
Patio & Porch: Balcony
Foundation: Block
Lot Dimensions: 60 X69
Lot Size: 0.095
Roof: Asphalt
Sewer: Connected
Water: Connected, Public
Parking: Common, Two Or More Spaces