Property Attributes
- MLS#S1506262
- TypeCommercial
- CountyJEFFERSON
- CityWatertown-City
- AreaWatertown-City
- Zip13601
- Style
- Year Built1987
- Taxes$ 6009
- Price$ 599,900
- Bedrooms4
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7776
- Lot Size11,326 SqFt
Data Source:
Central New York Information Services (CNYIS)
Property Description
Rare opportunity to own a 10 unit apartment building in downtown Watertown. If you have been searching for strong cash flow in our challenging interest rate environment, now is your chance. Well maintained building with very low operating expenses allows for a cap rate that is sure to impress even the most sophisticated investors. Extremely central location in Watertown between Factory and State Streets, with convenient access for tenants to employment, public services, Fort Drum, groceries, restaurants and everything else that a strong renter needs. Don’t miss your opportunity to expand your portfolio in a burgeoning market. Call or text today to access property financials, or to schedule a private viewing.
Price History | |
---|---|
10/26/2023 | Listed $599,900 |
General Features
Sewer | Connected |
---|---|
Heating | Electric,Baseboard |
Utilities | SewerConnected,WaterConnected |
Possession | CloseOfEscrow |
Roof | Membrane,Rubber |
Appliances | BuiltInRange,BuiltInOven,Dryer,GasWaterHeater,Refrigerator,Washer |
Exterior Features | BlacktopDriveway |
Garage Spaces | 0.0 |
Construction Materials | Brick |
Year Built | 1987 |
Stories | 2 |
Township | Not Applicable |
Levels | Two |
Property SubType | Other |
Gross Income | 81547.0 |
OwnerPays | AllUtilities,GroundsCare,SnowRemoval,Water |
Community Features | LaundryFacilities,StorageFacilities |
County | Jefferson |
Net Operating Income | 51761.0 |
Operating Expense | 23777.0 |
Property Type | CommercialSale |
Garage Y/N | No |
Rent Includes | AllUtilities,CommonAreaMaintenance,SnowRemoval,Water |
Status | Active |
Directions | Between Factory and State |
City | Watertown-City |
High School District | Watertown |
Total Units | 10 |
MLS Area | Watertown-City-221800 |
Lot Size Square Feet | 11326.0 |
Waterfront Y/N | No |
Street Name | Polk |
Year Built Details | Existing |
Tax Annual Amount | 6009.0 |
Property Condition | Resale |
Virtual Tour | https://www.propertypanorama.com/instaview/syr/S1506262 |
Days on Market | 154 |
Standard Status | Active |
Middle/Junior School District | Watertown |
Elementary School District | Watertown |
Tax Assessed Value | 216800 |
TaxOtherAnnualAssessmentAmount | 0.0 |
Tax Lot | 324 |
Property Sub Type Additional | Other |
Interior Features
Basement | Full |
---|---|
Flooring | Laminate,Tile,Varies,Vinyl |
Total Stories | 2 |
Basement (Y/N) | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Street Suffix | Street |
Laundry Features | Coinoperated |
Total Bedrooms | 4 |
Exterior Features
Parking Features | Driveway,NoGarage |
---|---|
Lot Features | NearPublicTransit |
Water Source | Connected,Public |
Lot Size Area | 0.26 |
Building Area Total | 7776.0 |
Lot Dimensions | 67X102 |
Lot Size Acres | 0.26 |
Lot Size Units | Acres |
Number of Separate Electric Meters | 10 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool