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Size: 0.09 Acres
Type: House
Home: 8 beds - 4 full baths - 5,235 Sq Ft

0.09 Acres in Watertown, NY - $159,900

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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Source: ERA Real Estate, MLS# S1627301
Listing last updated: September 3, 2025 at 7:31 PM
Listing last checked: December 1, 2025 at 9:31 AM
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