Active Under Contract
702 -704 Academy Street, Watertown City NY 13601
MLS# S1627301
$159,900
Price
8
Beds
4
Baths
5,235
Living Area (Sq.Ft.)
0.095
Lot Area (Acres)
$159,900
Price
8
Beds
4
Baths
5,235
Living Area (Sq.Ft.)
0.095
Lot Area (Acres)
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!
Status
Active Under Contract
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1850
Parcel Number
221800-012-000-0007-335-000-0000
Unit Number
--
Lot Features
Corner Lot, Rectangular, Rectangular Lot
Levels
Two
Lot Size Dimensions
60X69
Stories
2
Bath Rooms Full
4
Property Condition
Resale
Elementary School
Knickerbocker Elementary
Elementary School District
Watertown
Middle Or Junior School
Case Middle
Middle Or Junior School District
Watertown
High School
Watertown Senior High
High School District
Watertown
Location
Listing Agent
Amiha Golden
Listing Office
Hunt Real Estate ERA
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional, Rehab Financing
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2025-08-01
Owner Pays
Heat, Hot Water
Rent Includes
Heat, Hot Water
Fire Places Total
0
Flooring
Carpet, Varies, Vinyl
Heating
true
Heating Features
Gas, Forced Air
Appliances
Gas Water Heater
Garage
--
Garage Spaces
0
Architectural Style
Fourplex
Exterior Features
Balcony
Water Source
Connected, Public
Sewer
Connected
Roof
Asphalt
Utilities
Sewer Connected, Water Connected
Parking Features
Common, Two Or More Spaces
Foundation Details
Block
Basement
Full
Construction Materials
Cedar
Patio And Porch Features
Balcony
No schools found
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated 06/27/2025.
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated 06/27/2025.
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.