624 Franklin Street, Watertown, NY 13601
Local realty services provided by:Team VP Real Estate
Listed by: jeremy briggs
Office: motivated realty
MLS#:S1708368
Source:NY_GENRIS
Price summary
- Price:$339,000
- Price per sq. ft.:$80.95
About this home
Prime Multi-unit investment property in the hear of Watertown! This well maintained 5-unit property brings in 4600/month when fully rented. 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 5 units are occupied allowing easy transition with 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 mult-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 #:S1708368
- Added:1 day(s) ago
- Updated:August 19, 2026 at 05:47 PM
Rooms and interior
- Bedrooms:4
- Flooring:Carpet, Varies, Vinyl
- 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:$2,921
Parking
- Parking description:No Garage, One Space
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