1005-1013 Academy St, Watertown, NY 13601

Building Details

Year Built

1950

Listing office j***@gmail.com Show Phone

Listing date Apr 24, 2026

Source Elliman

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Overview

This offering presents a rare portfolio opportunity on Academy Street, combining two adjacent multifamily assets at 1005 and 1013 Academy St into a 6-unit package. The combined lot size is 0.30 acres with 135 feet of frontage. The properties feature fully separated utilities, with six gas and six electric meters. 1005 Academy is a 4-unit building of approximately 4800 square feet, featuring renovated interiors, new flooring, and updated baths. 1013 Academy is a 2-unit building with a recently renovated upper apartment and long-term tenants in the downstairs unit. The combined gross income potential approaches $68,000 per year. Recent capital expenditures include new front stairs, sidewalks, and updated roofing on 1013 Academy. The location has a walk score of 81, indicating it is very walkable, and a bike score of 56, indicating it is bikeable.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

• Map
• Local Demand

City

Watertown

County

Jefferson

State

New York

Longitude

-75.89547

Latitude

43.9688134

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FAQs

What type of property is this?

Apartment building - Six units in one transaction with income potential.

Where is this apartment building located?

The property is located at 1005-1013 Academy St Watertown, NY.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: 6 Units, 1 Transaction: Immediate scale for investment portfolio.; Gross income potential approaching $68,000/year.; Fully separated utilities: Tenants pay their own utilities.