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Watertown Multifamily Portfolio For Sale
For Sale
Contact for pricing
Pending

409 Franklin St, Watertown, NY 13601

52-unit, 9 building multifamily portfolio in Watertown, New York.

Property SizeContact for details
Days on Market173

Property Features for 409 Franklin St

General Information

Standard status Pending
Class B
Property subtype Multifamily
Occupancy 77%
Investment Type Value Add
Net Operating Income $234,949

Building Details

Year Built 1950
Year Renovated 2020
Buildings 9
Units 52
Listing Agency: Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York
Listed By: Robert Stewart · License #0000
Source: Crexi
Added: Feb 24 Changed: Aug 8 Last Checked: Aug 8 at 6:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield Pyramid Brokerage Company - Buffalo, New York

Investment Insights

Based on property information with market context.

A multifamily portfolio in Watertown, New York, is available for purchase. The property consists of 52 units across 9 buildings and 6 properties.

Key Highlights

  • 52‑unit multifamily portfolio
  • Located in Watertown, New York
  • Consists of 9 buildings comprising 6 properties

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store HVAC Service Tech Support Center (Bike/Boat/Book/etc) Store Home Appliance Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,536
Businesses Nearby

Demographics for 13601, NY

37,287
Population
18,653
Households
2
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
140.8 sq mi
ZIP Area
265
Density / Sq Mi
$57,503
Median Household Income
$37,061
Median Earnings
$974
Median Rent
$170,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 52-unit, 9 building multifamily portfolio in Watertown, New York.
Where is this apartment building located?
The property is located at 409 Franklin St Watertown, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 52‑unit multifamily portfolio; Located in Watertown, New York; Consists of 9 buildings comprising 6 properties
More about this property
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