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4 Beds
2 Baths
854 sqft

$138,999

689 Leray Street, Watertown City NY, 13601

Price per sqft$162.76
Built in1890
Property size854 sqft
Property typeMulti-family

Overview

Active

Listed Jul 22, 2026

Updated Jul 24

Two-unit investment property generating $2,200/month rental income with exceptional cash flow—each unit features 2 bed, 1 bath, currently rented at $1,100/mo. Real estate taxes under $1,000/year make this a true cash flow machine. Property needs cosmetic updates (paint, carpet, fixtures—nothing structural), creating opportunity for BRRRR rehab or owner-occupied house hack strategy. Motivated seller seeks quick close. Ideal for investor-operators or military families relocating to Fort Drum seeking immediate positive cash flow with sweat equity upside.

$925/mo

Est. mortgage payment based on a $138,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
S1695399

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$907
Tax Frequency
Annually
MLS provider logo

 

Courtesy of North Star Real Estate & Property Management, Joseph Murtha

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Claire Starusnak, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 6:41 AM UTC, 7/24/2026

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