565 Mill Street, Watertown 13601

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 Details
  • Features
Property Type: Residential - Multi Family
Total Apartment Units: 4
List price: $99,000
Lease Term: None
Total Tax: $2,772
Address: 565 Mill Street Watertown 13601
Town/City: Watertown
School District: Watertown
Style: None
Lot Size: 3990 sq ft
Acres: 0.09
Stories: 2
Area: 6144 sq. ft.
Year Built: 1950
Year Description: Existing
Construction: Wood Siding
Garage Spaces:
Attic type: None
Basement type: Full
Interior Features: High Speed Internet None
Floors: Hardwood, Carpet, Vinyl
Exterior Features: Deck
Heating: Gas, Hot Water
Sewer: Public Sewer, Connected
Water: Public, Connected
Lot Information: Residential Lot
Handicap Access:

Listing courtesy of:
Howard Hanna-Watertown

  • Residential - Multi Family
  • 4 units
  • 6144 sq ft
  • Watertown school district
  • MLS# S1213882
  • Listing Status: active
  • Save this Listing