Address
140 Polk Street, Watertown-City, NY
Price
$ 599,900
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
Property vs Commercial Average in 13601
Price
Taxes
Visits
Year Built
Walkscore
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor NextHome
