624 Franklin ST, Watertown, NY 13601
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624 Franklin ST, Watertown, NY 13601
624 Franklin ST, Watertown, NY 13601
624 Franklin ST, Watertown, NY 13601
624 Franklin ST, Watertown, NY 13601
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$ 339,000
Est. payment /mo
Active

624 Franklin ST Watertown, NY 13601

4 Beds

4,188 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,188 sqft

Price per Sqft $80

MLS Listing ID S1648791

Bedrooms 4

Construction Status Existing

HOA Y/N No

Year Built 1950

Annual Tax Amount $2,768

Lot Size 7,187 Sqft

Acres 0.165

Lot Dimensions 79X91

Property Sub-Type Other

Property Description

Prime multi-unit investment opportunity in the heart of Watertown! This well-maintained 5-unit property currently brings in $4,600/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 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.

Location

State NY

County Jefferson

Area Watertown-City-221800

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Carpet, Luxury Vinyl, Varies, Vinyl

Fireplace No

Appliance Gas Oven, Gas Range, Gas Water Heater, Refrigerator

Laundry Coin-operated

Exterior

Exterior Feature Blacktop Driveway

Community Features Laundry Facilities

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt

Garage No

Building

Lot Description Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Watertown

Others

Senior Community No

Tax ID 221800-011-000-0008-101-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1648791


Listed by Motivated Realty

NEARBY SCHOOLS & PROPERTIES

Michelle Thompson

Michelle Thompson

Lic. RE Salesperson | License ID: 40FA1156159

+1(315) 794-3260

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624 Franklin ST