1005-1013 Academy Street, Watertown City, NY 13601

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.