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140 Polk St
Watertown, NY 13601

Residential Property For Sale · 10 Units

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Investment Highlights

Well maintained property.

Low OpX.

Executive Summary

Rare opportunity to own a 10 unit apartment building in downtown Watertown. If you have been searching for strong cash flow in our challenging interest rate environment, now is your chance. Well maintained building with very low operating expenses allows for a cap rate that is sure to impress even the most sophisticated investors. Extremely central location in Watertown between Factory and State Streets, with convenient access for tenants to employment, public services, Fort Drum, groceries, restaurants and everything else that a strong renter needs. Don’t miss your opportunity to expand your portfolio in a burgeoning market. Call or text today to access property financials, or to schedule a private viewing.

PROPERTY FACTS

Price Per Unit	£45,040	Building Class	B
Sale Type	Investment	Lot Size	0.25 AC
No. Units	10	Building Size	7,776 SF
Property Type	Residential	Number of Floors	2
Property Subtype	Apartment	Year Built	1987
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price Per Unit	£45,040
Sale Type	Investment
No. Units	10
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	B
Lot Size	0.25 AC
Building Size	7,776 SF
Number of Floors	2
Year Built	1987
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

Air Conditioning
Heating

Oven

Tub/Shower

Pantry

PROPERTY TAXES

Parcel Number	221800-006-000-0002-324-001-0000	Improvements Assessment	£163,553
Land Assessment	£6,266	Total Assessment	£169,819

PROPERTY TAXES

Parcel Number

221800-006-000-0002-324-001-0000

Land Assessment

£6,266

Improvements Assessment

£163,553

Total Assessment

£169,819

zoning

Zoning Code	DC (Downtown commercial)
DC (Downtown commercial)

Listing ID: 31439945
Date on Market: 06/04/2024
Last Updated:
Address: 140 Polk St, Watertown, NY 13601

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