Xavier Cherniak
Licensed Real Estate Salesperson
REALTOR®
Sidney, NY
Office: (607) 604-4394 (607) 429-9989

689 Leray Street, Watertown, NY 13601

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$138,999 Active
4 Beds 2 Baths 0 Partial Bath 854 Sq Ft 0.09 Acres
Year Built 1890 Subdivision City/Watertown School Watertown MLS #S1695399
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Property Description

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.

689 Leray Street | MLS# S1695399

This multi-family property located at 689 Leray Street, Watertown, NY 13601 is currently listed for sale with an asking price of $138,999. Leray Street is located within the Watertown school district. Search Watertown real estate on xavier-cherniak.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Sump Pump
Heating: Gas, Forced Air
Lot Size: 0.09 Acres
Stories: 2.0
Taxes: $907
Year Built: 1890

Feature Descriptions

Appliances: See Remarks, Water Heater
Exterior: Shake Siding
Flooring: Carpet, Varies, Vinyl
Laundry: Washer Hookup
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 39X98
Parcel#: 221800-001-000-0004-136-000-0000
Parking: Two or More Spaces
Parking Notes: Two or More Spaces
Sewer: Connected
Units: 2
Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Watertown
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689 Leray Street, Watertown, NY 13601

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Estimated Payment

$ 425.48 per month $309.35 Principal & Interest $75.58 Property Tax $40.54 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: North Star Real Estate & Property Management
Agency Phone: 315-777-4365

Shown By

Agent Name: Xavier Cherniak
Agent Phone: (607) 429-9989
Agency Title: Timberland Properties

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Xavier Cherniak
Xavier Cherniak Licensed Real Estate Salesperson Cell: (607) 429-9989 Email Me
All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/23/2026. The listing information on this page last changed on 07/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 07/23/2026 12:01:04 AM EST) or Global MLS (last updated Wed 07/22/2026 11:52:27 PM EST) or New York State Alliance MLS (last updated Wed 07/22/2026 11:59:05 PM EST) or Hudson Valley Catskill Region MLS (last updated Wed 07/22/2026 11:51:19 PM EST) or OneKey MLS (last updated Wed 07/22/2026 11:53:29 PM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.
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