723 Franklin Street, Watertown, NY 13601
Local realty services provided by:ERA Team VP Real Estate
Listed by: michael miceli, kenneth cook
Office: real broker ny llc.
MLS#:S1691616
Source:NY_GENRIS
Price summary
- Price:$159,900
- Price per sq. ft.:$67.24
About this home
Looking for a turnkey investment property in Watertown, NY? This fully renovated 3-unit multifamily offers the combination many investors are searching for: updated interiors, separate utilities, low-maintenance exterior features, and a location close to the heart of Watertown. Whether you're adding to an established portfolio or looking for an owner-occupied opportunity, 723 Franklin Street delivers flexibility and long-term income potential.
Each apartment has been updated with modern kitchens, renovated bathrooms, grey laminate flooring, and fresh finishes throughout, creating attractive spaces for tenants while helping minimize immediate capital expenditures. Separate utilities provide added efficiency and simplify property management, making this a practical choice for investors seeking a straightforward, income-producing property in Jefferson County.
Situated on a corner lot, the property features durable vinyl siding and off-street parking, adding to its low-maintenance appeal. Its location places tenants just minutes from Public Square, schools, shopping, restaurants, and everyday conveniences, making this a desirable rental location in Watertown. Easy access to major employers, services, and downtown amenities helps support strong long-term rental demand.
For buyers interested in house hacking, this multifamily property in Watertown offers the opportunity to occupy one unit while generating income from the others. Investors looking for a 3-unit property in Watertown, NY will appreciate the move-in-ready condition and the ability to focus on operations and returns rather than renovations.
Whether you're searching for a rental property in Watertown, NY, expanding your real estate portfolio, or pursuing an owner-occupied investment opportunity, 723 Franklin Street offers the updates, location, and versatility that make multifamily properties such a valuable asset in today's market....
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Home facts
- Year built:1870
- Subdivision & Development:Catherine Cuff Prop
- Listing ID #:S1691616
- Added:106 day(s) ago
- Updated:October 03, 2026 at 03:50 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Varies, Vinyl
- Basement:Yes
- Basement Description:Full
- Living area:2,378 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Year built:1870
- Building area:2,378 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Rectangular, Residential Lot
- Architectural Style:Triplex
- Construction Materials:Vinyl Siding
- Levels:2 Stories
Schools
- High school:Watertown Senior High
- Middle school:Case Middle
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$159,900
- Price per sq. ft.:$67.24
- Tax amount:$3,176
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