RARE PORTFOLIO OPPORTUNITY ON ACADEMY: 6 UNITS, 1 TRANSACTION. Immediate scale for your investment portfolio! This offering combines two adjacent multi-family assets (1005 & 1013 Academy St) into a powerhouse 6-unit package in the heart of Watertown. The Numbers: Total combined lot size of 0.30 acres with 135′ of frontage. Fully separated utilities with 6 gas and 6 electric meters—tenants pay their own way. 1005 Academy: A massive 4-unit (approx 4800 sqft) featuring renovated interiors, new flooring, and updated baths. 1013 Academy: A solid 2-unit with a recently renovated upper apartment and long-term tenants down. The Upside: With a combined gross income potential approaching $68,000/year, this package offers immediate cash flow with additional room to push rents. Recent Cap Ex includes new front stairs, sidewalks, and updated roofing on 1013. Don’t buy one door when you can buy six.
Property Details
Price:
$395,000
MLS #:
S1659864
Status:
ActiveUnderContract
Beds:
6
Baths:
0
Type:
Multi Family
Subtype:
Other
Neighborhood:
watertowncity221800
Listed Date:
Jan 27, 2026
Finished Sq Ft:
7,274
Total Sq Ft:
7,274
Lot Size:
4,950 sqft / 0.30 acres (approx)
Year Built:
1950
Units:
6
See this Listing
Schools
School District:
Watertown
Interior
Appliances
Gas Water Heater, See Remarks
Flooring
Carpet, Hardwood, Luxury Vinyl, Varies, Vinyl
Heating
Gas, Forced Air
Levels
Two
Exterior
Community Features
Other, See Remarks
Construction Materials
Vinyl Siding
Exterior Features
Blacktop Driveway
Lot Features
Irregular Lot, Residential Lot
Parking Features
Three Or More Spaces, No Garage
Roof
Asphalt
Stories
2
Financial
Taxes
$4,805
Map
Community
- Address1005-1013 Academy Street Watertown City NY
- CityWatertown City
- CountyJefferson
- Zip Code13601
Subdivisions in Watertown City
- Ball Estate
- Bowers Add
- Camp & Boyd’s Purchase
- Camp & Boyds Purchase
- Catherine Cuff Prop
- Ch Spragues Pinnacle Park
- City Park Add
- City/Watertown
- Cullen Prop
- Eunice D Ball Estate
- Evergreen Mobile Home Par
- George A Eueleigh
- George E Eveleighs Barbeh
- Hillcrest Farm
- Jefferson Land & Improv C
- Kelsey Crk Sub
- Lawrence Hayes Estate
- New Add
- Riders Add
- Shepard Purchase
- Smith Farm Sub
- Smith Farm Sub Map #4
- State Street Add
- Thomas Bighams Prop
- Thompson Gardens
- Brown & Mclaughlins Add
- Clinton W Riders Add
- Haley & Washington
Market Summary
Current real estate data for Multi Family in Watertown City as of Apr 23, 2026
30
Multi Family Listed
137
Avg DOM
71
Avg $ / SqFt
$241,300
Avg List Price
Property Summary
- 1005-1013 Academy Street Watertown City NY is a Multi Family for sale in Watertown City, NY, 13601. It is listed for $395,000 To schedule a showing of MLS#s1659864 at 1005-1013 Academy Street in Watertown City, NY, contact your Concrete Jungle Realty agent at 3472420937.
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Courtesy of Motivated Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 1005-1013 Academy Street
Watertown City, NY