This turnkey 3-unit multifamily is a perfect opportunity for an owner-occupant or investor looking for a fully updated property in a prime location! The front unit features a beautifully renovated studio apartment, along with two additional updated 2 bed, 1 bath units in the rear—offering a strong, versatile rental setup. The property has recently undergone an extensive makeover including new flooring, fresh paint, updated appliances, a new roof, and a brand new furnace, making it truly move-in ready with major upgrades already completed. The studio apartment is already spoken for at $1,000/month, while the two rear units are vacant and ready for immediate occupancy, allowing a new owner to set their own rents and maximize income. Ideally positioned right between Watertown and Fort Drum, this location is hard to beat for consistent rental demand. Outside, you’ll find plenty of parking and a decent-sized backyard, adding even more appeal for tenants. A great chance to secure a renovated multifamily with strong upside in one of the area’s most convenient locations!
Property Details
Price:
$269,900
MLS #:
S1657445
Status:
ActiveUnderContract
Beds:
5
Baths:
3
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
leray224089
Listed Date:
Jan 22, 2026
Finished Sq Ft:
2,127
Total Sq Ft:
2,127
Lot Size:
11,627 sqft / 0.27 acres (approx)
Year Built:
1986
Units:
3
See this Listing
Schools
School District:
Watertown
Interior
Appliances
Electric Water Heater
Bathrooms
3 Full Bathrooms
Fireplaces Total
1
Flooring
Carpet, Luxury Vinyl, Varies
Heating
Electric, Gas, Baseboard, Forced Air
Laundry Features
Washer Hookup
Exterior
Architectural Style
Triplex
Construction Materials
Vinyl Siding, Pex Plumbing
Parking Features
Gravel, Parking Available, Two Or More Spaces
Roof
Architectural, Shingle
Financial
Taxes
$4,518
Map
Community
- Address26216 State Route 3 218 Le Ray NY
- CityLe Ray
- CountyJefferson
- Zip Code13601
Subdivisions in Le Ray
Market Summary
Current real estate data for Multi Family in Le Ray as of Feb 05, 2026
1
Multi Family Listed
14
Avg DOM
127
Avg $ / SqFt
$269,900
Avg List Price
Property Summary
- 26216 State Route 3 218 Le Ray NY is a Multi Family for sale in Le Ray, NY, 13601. It is listed for $269,900
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Courtesy of North Star Real Estate & Property Management. 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 Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano 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. 26216 State Route 3 218
Le Ray, NY

