Closed

$110,000

702-704 Academy St, Watertown, NY 13601

8beds

5,235sqft

Quadruplex, Multi Family

Built in 1850

-- sqft lot

$116,000 Zestimate^®

$21/sqft

$815 Estimated rent

Home value

$116,000

$92,000 - $147,000

$815/mo

Zestimate^® history

Owner options

List your home for rent

$815/mo

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$815/mo

Rent Zestimate^®

Refinance and save

$596/mo

Est. payment

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$596/mo

Est. payment

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What's special

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!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Gas, Forced Air

Appliances

Included: Gas Water Heater

Features

Flooring: Carpet, Varies, Vinyl
Basement: Full
Has fireplace: No

Interior area

Total structure area: 5,235
Total interior livable area: 5,235 sqft

Property

Parking

Parking features: Common, Two or More Spaces

Features

Levels: Two
Stories: 2
Patio & porch: Balcony
Exterior features: Balcony

Lot

Size: 4,138 Square Feet
Dimensions: 60 x 69
Features: Corner Lot, Rectangular, Rectangular Lot

Details

Parcel number: 22180001200000073350000000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Fourplex
Property subtype: Quadruplex, Multi Family

Materials

Cedar
Foundation: Block
Roof: Asphalt

Condition

Resale
Year built: 1850

Utilities & green energy

Sewer: Connected
Water: Connected, Public
Utilities for property: Sewer Connected, Water Connected

Community & HOA

Location

Region: Watertown

Financial & listing details

Price per square foot: $21/sqft
Tax assessed value: $70,200
Annual tax amount: $2,004
Date on market: 8/1/2025
Cumulative days on market: 21 days
Listing terms: Cash,Conventional,Rehab Financing

Price history

Date	Event	Price
10/28/2025	Sold	$110,000-31.2%$21/sqft
Source: NYSAMLSs #S1627301 Report a problem
9/3/2025	Pending sale	$159,900$31/sqft
Source: NYSAMLSs #S1627301 Report a problem
8/25/2025	Contingent	$159,900$31/sqft
Source: NYSAMLSs #S1627301 Report a problem
8/16/2025	Listed for sale	$159,900$31/sqft
Source: NYSAMLSs #S1627301 Report a problem
8/4/2025	Contingent	$159,900$31/sqft
Source: NYSAMLSs #S1627301 Report a problem
8/1/2025	Listed for sale	$159,900$31/sqft
Source: NYSAMLSs #S1627301 Report a problem