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Four-Unit Quadplex with Renovation Potential
For Sale
Contact for pricing
Pending

508 Cooper St, Watertown, NY 13601

Two-building multifamily setup includes occupied units and a gutted space ready for renovation.

Property SizeContact for details
Days on Market150

Property Features for 508 Cooper St

General Information

Standard status Pending
Property subtype Multifamily

Property Condition

Severity Major Repairs Needed
Evidence Gutted

Units

Unit Mix 2 x 2BR, 1 x 3BR
Multifamily Units 4

Amenities

large back yard

Building Details

Buildings 2
Listing Agency: Berkshire Hathaway Homeservices Zambito Realtors
Listed By: Mary K MacKaig · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 7 at 7:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Homeservices Zambito Realtors

Investment Insights

Based on property information with market context.

Located at 508 Cooper St in Watertown, NY, this quadplex comprises 2 buildings containing 4 total units on one lot. The rear building includes two occupied 2-bedroom units, while the front building has an occupied 3-bedroom unit and a separate vacant unit that has been gutted for renovation. The unfinished unit gives a new owner flexibility to complete the interior for personal use or future occupancy.

A large backyard provides shared outdoor space for all tenants. The existing mix of occupied and vacant units offers a combination of established tenancy and an unfinished residential area within the same multifamily property.

Key Highlights

  • 2 buildings with 4 total units on 1 lot
  • Rear building contains two occupied 2‑bedroom units
  • Front building includes an occupied 3‑bedroom unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Garden Center Tech Support Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,341
Businesses Nearby

Demographics for 13601, NY

37,287
Population
18,653
Households
2
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
140.8 sq mi
ZIP Area
265
Density / Sq Mi
$57,503
Median Household Income
$37,061
Median Earnings
$974
Median Rent
$170,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Two-building multifamily setup includes occupied units and a gutted space ready for renovation.
Where is this quadplex located?
The property is located at 508 Cooper St Watertown, NY.
What are key features of this property?
This property features: 2 buildings with 4 total units on 1 lot; Rear building contains two occupied 2‑bedroom units; Front building includes an occupied 3‑bedroom unit
More about this property
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