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624 Franklin St Watertown, NY 13601

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For Sale
$339,000

Well-maintained 5-unit property near downtown Watertown.

Lot size:
0.17 Acres

Property Features for 624 Franklin St

General Information

Property type
Investment
Standard status
Active
Lot size
0.17 Acres

Building Details

Year built
1950

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Listing Contact
Jeremy Briggs
Jeremy Briggs
Source: Elliman

Listing Agent: Jeremy Briggs

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Watertown Multifamily Investment Opportunity

This 5-unit property is located in Watertown and features a mix of unit types, including three 1-bedroom units, one studio, and one 2-bedroom unit. The property is near downtown, shopping, and Fort Drum. Currently, 4 of the 5 units are occupied. Recent upgrades include a new fence around the property and refreshed front steps. Interior improvements have been ongoing as units turn over, and several units have been recently updated.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Watertown
County
Jefferson
State
New York
Longitude
-75.9022799
Latitude
43.9682478

FAQs

What type of property is this?
Apartment building - Well-maintained 5-unit property near downtown Watertown.
Where is this apartment building located?
The property is located at 624 Franklin St Watertown, NY.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: - Income-producing property generating $4,550/month with potential for increased revenue.; - Desirable location near downtown Watertown, shopping, and Fort Drum, ensuring stable rental demand.; - Versatile unit mix: three 1-bedroom, one studio, and one 2-bedroom, appealing to a broad tenant base.
More about this property
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