For Sale |
5 + Unit Apartments |
1005-1013 Academy Street Street , Watertown, NY 13601
$395,000
For Sale |
5 + Unit Apartments |
1005-1013 Academy Street Street , Watertown, NY 13601
$395,000
| 0.3 acres |
7,274 sq ft |
6 apts |
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Property Description
RARE PORTFOLIO OPPORTUNITY ON ACADEMY: 6 UNITS, 1 TRANSACTION. Immediate scale for your investment portfolio! This offering combines two adjacent multi-family assets (1005 & 1013 Academy St) into a powerhouse 6-unit package in the heart of Watertown. The Numbers: Total combined lot size of 0.30 acres with 135` of frontage. Fully separated utilities with 6 gas and 6 electric meters—tenants pay their own way. 1005 Academy: A massive 4-unit (approx 4800 sqft) featuring renovated interiors, new flooring, and updated baths. 1013 Academy: A solid 2-unit with a recently renovated upper apartment and long-term tenants down. The Upside: With a combined gross income potential approaching $68,000/year, this package offers immediate cash flow with additional room to push rents. Recent Cap Ex includes new front stairs, sidewalks, and updated roofing on 1013. Don`t buy one door when you can buy six.
Property Summary
| Type | 5 + Unit Apartments | MLS # | S1659864 |
| Stories | 2 | Year Built | 1950 (76 years old) |
| Apartments | 6 | Est. Taxes | $4,805 |
Features
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