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    Watertown Multifamily Investment Opportunity Title is generated by Realmo AI

    624 Franklin St, Watertown, NY 13601

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    For Sale
    $339,000

    Well-maintained 5-unit property near downtown Watertown.

    Type:Investment
    Lot size:
    0.17 Acres
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 8:58 am

    Property Features for 624 Franklin St

    General Information

    Standard status
    Active
    Lot size
    0.17 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1950

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    Jeremy Briggs
    Jeremy Briggs

    Listing office

    Listing date Mar 10, 2026

    Source Elliman

    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 Jeremy Briggs

    HighLights

    • 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.
    • Four out of five units are currently occupied, providing immediate cash flow.
    • Recent upgrades include a new fence and refreshed front steps, enhancing property appeal.
    • Ongoing interior improvements and recently updated units provide a clean, refreshed feel.

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Tech Support Center Carpet & Flooring Store Cafe & Coffee Shop Electrical Service Florist Coworking & Hybrid Office Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Jefferson
    State
    New York
    Longitude
    -75.9023
    Latitude
    43.9682

    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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