522 Cross Street, Watertown, NY 13601
MULTI_FAMILY - Other - Watertown, NY
- Added:
- Apr 29, 2026
- Days on Market:
- 62
- Last Refresh:
- Jun 29 at 5:06 am
Property Features for 522 Cross Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 3
- Patio and Porch features
- Patio, Porch, Deck
- Exterior features
- Deck, Patio
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 221800-009-000-0001-209-000-0000
- Size
- 1,958 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2646
Utilities
- Heating system
- Electric (Heating), Natural Gas, Baseboard, Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Varies, Vinyl, Carpet
- Building materials
- VinylSiding
- Architectural style
- Other
Listing agent Noah Taylor License #10401359495 (315) 778-6473
Listing office Keller Williams Northern New York 114 Court Street, East Syracuse, NY (315) 459-6619
Listing date Apr 29, 2026
Copyright © 2026 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.
HighLights
- 3‑unit triplex in Watertown with two rented 2‑bedroom units and one vacant 1‑bedroom unit (for owner occupancy or added rental income)
- Downstairs 2‑bedroom unit rents for $875/month; upper 2‑bedroom unit rents for $900/month; both are currently occupied
- New roof on the main structure and recent interior updates, including brand new luxury vinyl plank flooring in refreshed bathrooms
- Back right unit updated with new luxury vinyl flooring and fresh paint
- Large backyard for a city lot plus exterior deck, patio, and porch space
- Ample off‑street parking with a large lot on the left and additional parking on the right
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.7k | $12.60 |
| − Vacancy | −$1.6k | −$0.84 |
| EGI | $23.0k | $11.76 |
| − OpEx | −$6.9k | −$3.53 |
| NOI | $16.1k | $8.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Jefferson
- State
- New York
- Longitude
- -75.923229
- Latitude
- 43.974522
