624 Franklin Street, Watertown, NY 13601
Local realty services provided by:ERA Team VP Real Estate
Listed by: jeremy briggs
Office: motivated realty
MLS#:S1648791
Source:NY_GENRIS
Price summary
- Price:$339,000
- Price per sq. ft.:$80.95
About this home
Prime multi-unit investment opportunity in the heart of Watertown! This well-maintained 5-unit property currently brings in $4,550/month with room to grow. The building features three 1-bedroom units, one studio, and one 2-bedroom unit, offering a versatile mix that appeals to a broad tenant base. Currently 4 of the 5 units are occupied, making this a great option for an owner-occupant or investor looking to fill the final vacancy and maximize cash flow.
Recent upgrades include a new fence around the property, refreshed front steps, and ongoing interior improvements as units turn over — ensuring the building remains attractive and rent-ready. Several units have been recently updated, providing a clean and refreshed feel for new tenants.
Conveniently located near downtown, shopping, and Fort Drum access, this property offers stable rental demand and solid income from day one. Whether you’re expanding your portfolio or stepping into multi-family investing, 624 Franklin is a strong, income-producing asset in a desirable location.
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Home facts
- Year built:1950
- Listing ID #:S1648791
- Added:56 day(s) ago
- Updated:December 31, 2025 at 03:45 PM
Rooms and interior
- Bedrooms:4
- Living area:4,188 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt
- Year built:1950
- Building area:4,188 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$339,000
- Price per sq. ft.:$80.95
- Tax amount:$2,768
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