624 Franklin Street, Watertown, NY 13601
Local realty services provided by:HUNT Real Estate ERA
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 all 5 units are occupied allowing easy transition with maximum 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.
Contact an agent
Home facts
- Year built:1950
- Listing ID #:S1648791
- Added:157 day(s) ago
- Updated:April 11, 2026 at 02:46 PM
Rooms and interior
- Bedrooms:4
- Flooring:Carpet, Varies, Vinyl
- Kitchen Description:Refrigerator
- Basement:Yes
- Basement Description:Full
- 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
- Lot Features:Rectangular, Residential Lot
- Construction Materials:Vinyl Siding
- Levels:2 Stories
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
Features and amenities
- Appliances:Gas Range, Refrigerator
Parking
- Parking description:No Garage, One Space
New listings near 624 Franklin Street
- New
$499,900Active8 beds 6 baths5,950 sq. ft.229 Clinton Street, Watertown, NY 13601
MLS# S1672488Listed by: NORTH STAR REAL ESTATE & PROPERTY MANAGEMENT - New
$189,000Active4 beds 2 baths2,118 sq. ft.134 Michigan Avenue, Watertown, NY 13601
MLS# S1671929Listed by: KELLER WILLIAMS NORTHERN NEW YORK - New
$164,900Active4 beds 2 baths1,610 sq. ft.208 Farwell Street, Watertown, NY 13601
MLS# S1672450Listed by: NORTH STAR REAL ESTATE & PROPERTY MANAGEMENT - New
$215,000Active3 beds 1 baths1,384 sq. ft.265 Hunt Street, Watertown, NY 13601
MLS# S1666841Listed by: LAKE ONTARIO REALTY, LLC - New
$249,900Active4 beds 1 baths1,232 sq. ft.351 N California Avenue, Watertown, NY 13601
MLS# S1671821Listed by: HAPPILY EVER AFTER REALTY CORP - New
$214,900Active3 beds 2 baths1,710 sq. ft.1130 Boyd Street, Watertown, NY 13601
MLS# S1669674Listed by: HOWARD HANNA-WATERTOWN - New
$240,000Active3 beds 2 baths1,424 sq. ft.412 Pawling Street, Watertown, NY 13601
MLS# S1670629Listed by: LAKE ONTARIO REALTY, LLC - New
$229,900Active3 beds 2 baths1,368 sq. ft.351 Pawling Street, Watertown, NY 13601
MLS# S1667548Listed by: NORTH STAR REAL ESTATE & PROPERTY MANAGEMENT - New
$339,900Active4 beds 3 baths2,184 sq. ft.26401 Perch Lake Road, Watertown, NY 13601
MLS# S1671102Listed by: EXP REALTY
$39,900Pending3 beds 1 baths1,036 sq. ft.933 Leray St. #32, Watertown, NY 13601
MLS# S1670860Listed by: BRIDGEVIEW REAL ESTATE