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!
Closed
$110,000
702-704 Academy St, Watertown, NY 13601
8beds
5,235sqft
Quadruplex, Multi Family
Built in 1850
-- sqft lot
$110,000 Zestimate®
$21/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 29, 2025 at 10:49am
Listed by:
Amiha Golden 315-699-3200,
Hunt Real Estate ERA
Bought with:
Joseph Murtha, 10401340808
North Star Real Estate & Property Management
Source: NYSAMLSs,MLS#: S1627301
Originating MLS: Syracuse
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 sqft
- 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 & neighborhood
Location
- Region: Watertown
Other
Other facts
- Listing terms: Cash,Conventional,Rehab Financing