134 Indiana Ave, Watertown, NY 13601
- Residential income homes
- 2,706 SF
- 0.14 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 134 Indiana Ave
- Year built
- 1900
- Lot size
- 0.14 lot acres
- Property type
- Residential income homes
Description
This fully occupied, two-unit duplex presents a compelling investment opportunity in Watertown, NY. Built in 1900 and extensively renovated in 2020, the property boasts a total of 2,706 square feet across two stories. Situated on a 0.14-acre lot, the property is zoned R and features a spacious layout ideal for rental income. Each unit benefits from updated kitchens equipped with stainless steel appliances, and the property includes a large welcoming porch. The convenient location offers proximity to shopping, entertainment venues, and a hospital, with easy access to Fort Drum. The property's strong financial performance is reflected in its 15% capitalization rate and $160,000 asking price. This is a rare chance to acquire a well-maintained, high-yield multifamily property in a desirable location. The property's Class C designation reflects its age and potential for future appreciation. The building's solid construction and recent renovations ensure long-term value and minimal maintenance needs. This turnkey investment is perfect for seasoned investors seeking a stable and profitable addition to their portfolio.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Jefferson
- State
- New York
- Longitude
- -75.8895161
- Latitude
- 43.9708908
