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    814 Academy St Watertown, NY 13601

    Under Contract
    For Sale
    $229,900

    MULTI_FAMILY - Other - Watertown, NY

    Property size:
    3,631 SF
    Lot size:
    0.20 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 814 Academy St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 4, Basement, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2
    Bedrooms
    4
    Bathrooms
    4
    APN
    221800-012-000-0007-118-000-0000
    Appliances
    ElectricWaterHeater, GasWaterHeater
    Size
    3,631 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Natural Gas, Baseboard, Forced Air
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Vinyl, Laminate, Carpet, Varies
    Building materials
    VinylSiding
    Architectural style
    Other

    Keller Williams Realty Syracuse (315) 701-6900 [email protected]

    Listing agent Mark Taylor (315) 459-6619 License #10401336090

    Listing date Sep 6, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Watertown Multifamily Investment Opportunity

    Located in Watertown, NY, this 4-unit apartment building at 814 Academy Street offers an investment opportunity with over 3,600 square feet of total living space. The property is currently generating $2,775 per month, or $33,300 annually, in rental income. Recent improvements include a new roof installed in 2024. One of the units is a near full remodeled unit completed in 2025, with additional interior upgrades across the building including updated flooring in all units, also completed in 2025. Situated in a convenient and central location, the property is just minutes from local shops, parks, schools, and essential amenities. The property is located on a lot of 0.2043 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Jefferson
    State
    New York
    Longitude
    -75.898566
    Latitude
    43.969283

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    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment building with income potential in a central location.
    Where is this quadplex located?
    The property is located at 814 Academy St Watertown, NY.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: - High Cap Rate: Approaching 10%, a rare find.; - Income Producing: Currently generating $2,775/month ($33,300/year) in rental income.; - New Roof: Installed in 2024.
    (315) 459-6619
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    814 Academy St Watertown, NY 13601
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