723 Franklin Street, Watertown, NY 13601
Local realty services provided by:HUNT Real Estate ERA
Listed by: michael miceli, kenneth cook
Office: real broker ny llc.
MLS#:S1691616
Source:NY_GENRIS
Price summary
- Price:$174,900
- Price per sq. ft.:$73.55
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....
Contact an agent
Home facts
- Year built:1870
- Subdivision & Development:Catherine Cuff Prop
- Listing ID #:S1691616
- Added:56 day(s) ago
- Updated:August 14, 2026 at 02:57 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:$174,900
- Price per sq. ft.:$73.55
- Tax amount:$3,176
New listings near 723 Franklin Street
- New
$157,000Active3 beds 1 baths1,104 sq. ft.420 Broadway Avenue W, Watertown, NY 13601
MLS# S1704718Listed by: JEFFERSON REALTY AND PROPERTY MANAGEMENT - New
$40,000Active0.8 Acres17650 Cook Road, Watertown, NY 13601
MLS# S1703567Listed by: NORTH STAR REAL ESTATE & PROP MGMT LLC-CARTHAGE - New
$249,000Active4 beds 2 baths1,992 sq. ft.430 S Hamilton Street, Watertown, NY 13601
MLS# S1705312Listed by: BRIDGEVIEW REAL ESTATE - New
$299,900Active3 beds 2 baths1,658 sq. ft.754 Ball Avenue, Watertown, NY 13601
MLS# S1704788Listed by: HOWARD HANNA-WATERTOWN - New
$249,900Active4 beds 2 baths1,929 sq. ft.140 Boon Street, Watertown, NY 13601
MLS# S1705865Listed by: MARZANO REAL ESTATE, LLC. - New
$69,900Active4 beds 4 baths4,368 sq. ft.121 E Main Street #117, Watertown, NY 13601
MLS# S1704516Listed by: NORTH STAR REAL ESTATE & PROPERTY MANAGEMENT - New
$39,900Active3 beds 1 baths1,045 sq. ft.618 Main Street, Watertown, NY 13601
MLS# S1704518Listed by: NORTH STAR REAL ESTATE & PROPERTY MANAGEMENT - New
$55,000Active0.75 AcresLot "B" Gotham Street Road, Watertown, NY 13601
MLS# S1704404Listed by: NORTH COUNTRY REALTY GROUP - New
$575,000Active3 beds 2 baths1,378 sq. ft.23530 County Route 67, Watertown, NY 13601
MLS# S1703752Listed by: NORTH STAR REAL ESTATE & PROP MGMT LLC-CARTHAGE - New
$230,000Active4 beds 2 baths1,388 sq. ft.604 Pine Street, Watertown, NY 13601
MLS# S1704896Listed by: BRIDGEVIEW REAL ESTATE