Watertown, NY 13601,814 Academy ST
Watertown, NY 13601,814 Academy ST
Watertown, NY 13601,814 Academy ST
Watertown, NY 13601,814 Academy ST
Watertown, NY 13601,814 Academy ST
Watertown, NY 13601,814 Academy ST
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Jason Dugo

Jason Dugo

Dugo Realty | The Catskills & Hudson Valley

+1(518) 205-9555
$ 229,900
Est. payment | /mo

4 Beds

4 Baths

3,631 SqFt


$ 229,900
Est. payment | /mo

4 Beds

4 Baths

3,631 SqFt

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,631 sqft

Price per Sqft $63

MLS Listing ID S1622991

Style Fourplex

Bedrooms 4

Full Baths 4

Construction Status Existing

HOA Y/N No

Year Built 1950

Annual Tax Amount $1,879

Lot Size 8,899 Sqft

Acres 0.2043

Lot Dimensions 50X178

Property Sub-Type Multi Family

Property Description

Excellent investment opportunity in the heart of Watertown! Located at 814 Academy Street, this 4-unit apartment building offers over 3,600 square feet of total living space—making it a smart addition to any real estate portfolio. With a low cost per unit and strong potential for positive cash flow, this property is ideal for both new and seasoned investors. Currently generating $2,775/month ($33,300/year) in rental income, this property is priced to sell with a cap rate approaching 10%—a rare find in today's market! Two long-term tenants at below market rents means opportunity for additional rental income.


Recent improvements include a new roof installed in 2024. One of the units is a near full remodeled unit completed in 2025. Additional interior upgrades across the building include updated some flooring in all units, also completed in 2025.

Situated in a convenient and central location, the property is just minutes from local shops, parks, schools, and essential amenities. With its combination of size, location, and upgrades, this multifamily property offers exceptional value and long-term potential. Don't miss your chance to own a strong income-producing property in Watertown!

Location

State NY

County Jefferson

Area Watertown-City-221800

Rooms

Basement Full, Walk-Out Access

Interior

Heating Gas, Baseboard, Forced Air

Flooring Carpet, Laminate, Varies, Vinyl

Fireplace No

Appliance Electric Water Heater, Gas Water Heater

Exterior

Utilities Available Sewer Connected, Water Connected

Building

Lot Description Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Watertown

Others

Senior Community No

Tax ID 221800-012-000-0007-118-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1622991

Listed by Keller Williams Northern New York 315-778-6936
Jason Dugo

+1(518) 205-9555

jason@dugorealty.com

110 Partition Street, Saugerties, NY, 12477, United States

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814 Academy ST