140 Polk Street Watertown-City NY 13601 MLS #S1506262

140 Polk Street
Watertown-City, NY, 13601
$599,900
4 Beds
0 Baths
7,776 SqFt
0.26 Acres
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.

Property Details

Price:
$599,900
MLS #:
S1506262
Status:
Active
Beds:
4
Baths:
0
Address:
140 Polk Street
Type:
Commercial
Subtype:
Other
City:
Watertown-City
Listed Date:
Oct 26, 2023
State:
NY
Finished Sq Ft:
7,776
ZIP:
13601
Lot Size:
0 acres
Year Built:
1987
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140 Polk Street
Watertown-City, NY

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Schools

School District:
Watertown

Interior

Appliances
Built In Range, Built In Oven, Dryer, Gas Water Heater, Refrigerator, Washer
Flooring
Laminate, Tile, Varies, Vinyl
Heating
Electric, Baseboard
Laundry Features
Coinoperated

Exterior

Community Features
Laundry Facilities, Storage Facilities
Construction Materials
Brick
Exterior Features
Blacktop Driveway
Parking Features
Driveway, No Garage
Roof
Membrane, Rubber

Financial

Buyer Agent Compensation
2.5%
Net Operating Income
$51,761
Taxes
$6,009

Map

Community

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