409 Franklin Street, Watertown, NY 13601

Building Details

Year Built

1950

Listing agent Jonathan Weinstein License #NY

Listing office Cushman & Wakefield Pyramid Brokerage Company Syracuse

Listing date May 29, 2026

Source Crexi

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 Syracuse

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Overview

409 Franklin St in the City of Watertown, NY offers a four-unit multifamily investment property. The building has undergone meaningful capital improvements in recent years, and it is presented as a well-maintained asset. With four separate units, the property provides a straightforward income-producing configuration for an owner who wants to manage a small, manageable multifamily portfolio.

The property is located near Downtown Watertown and the Fort Drum military corridor, two factors noted in the offering materials as supporting durable multifamily demand in the area. This location positioning is intended to appeal to tenants looking for convenient access to the downtown area and the broader Fort Drum employment base.

For investors and buyers seeking a small-balance multifamily asset, this opportunity is structured around continued rental performance through ongoing operational management. The offering also highlights a potential value-add path via continued rental growth and efficiencies. This is a practical option for buyers who want to own a four-unit property that has already benefited from recent capital improvements, with the goal of maintaining and optimizing day-to-day operations.

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

-75.9044591

Latitude

43.9704546

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FAQs

What type of property is this?

Quadplex - Four-unit building with recent capital improvements, near downtown and the Fort Drum corridor.

Where is this quadplex located?

The property is located at 409 Franklin Street Watertown, NY.

What is the asking price?

The asking price for this property is $273,000.

What are key features of this property?

This property features: 4‑unit multifamily property at 409 Franklin St in the City of Watertown; Year built: 1950; Meaningful capital improvements completed in recent years, supporting a well‑maintained asset