Real Estate Marketing Firm of Lewis County - Adirondacks - Tug Hill Region
565 Mill Street
Watertown, NY 13601
$99,000
S1213882
43.98091600, -75.90650100

Watertown-City

Sold

Oct. 4, 2019

$99,000

None

$2,772

0.09 acres

Public Connected

Sewer Connected

6144

1950

Wood

Watertown

4 Units. What a deal! Each unit is a 3 bedroom/1 bath Townhouse (Upstairs and downstairs for each apartment). Tenants pay heat and electric (all units separately metered for heat and electric). Each unit has it's own entrance with covered porch. One unit is currently vacant for showings. Yearly Income $38,400 Vacancy/Collection Loss (5%) $1,920 Effective Gross Income $36,480 Yearly Expenses Taxes $2,757 Insurance $1,119 Water Sewer $965 Repairs/Maintenance $1,920 Total Expenses $6,761 NOI $29,719 Cap Rate 30.0% Property is located on the corner of Mill and West Lynde St.
Property is located on the corner of Mill and West Lynde St.
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4 Units. What a deal! Each unit is a 3 bedroom/1 bath Townhouse (Upstairs and downstairs for each apartment). Tenants pay heat and electric (all units separately metered for heat and electric). Each unit has it's own entrance with covered porch. One unit is currently vacant for showings. Yearly Income $38,400 Vacancy/Collection Loss (5%) $1,920 Effective Gross Income $36,480 Yearly Expenses Taxes $2,757 Insurance $1,119 Water Sewer $965 Repairs/Maintenance $1,920 Total Expenses $6,761 NOI $29,719 Cap Rate 30.0% Property is located on the corner of Mill and West Lynde St.
Property is located on the corner of Mill and West Lynde St.
Listing courtesy of RealtyUSA Watertown Office