624 Franklin Street, Watertown, NY 13601

Local realty services provided by:Team VP Real Estate
624 Franklin Street,Watertown, NY 13601
$339,000
  • 4 Beds
  • - Baths
  • 4,188 sq. ft.
  • Multi-family
  • Active
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