Turnkey 3-Unit Multifamily
For Sale
$174,900
723 Franklin St, Watertown, NY 13601
Fully renovated triplex with separate utilities and updated interiors plus off-street parking on a corner lot.
Property Size2,378 SF
Days on Market53
Property Features for 723 Franklin St
General Information
Standard status
Active
Size
2,378 SF
Property subtype
Multi Family
Additional Details
Business Included
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$3,176
Building Details
Building Size
2,378 SF
Year Built
1870
Stories
2
Units
3
Tenancy
Multi
Listing Agency:
Real Broker NY LLC
(315) 591-6101
Listed By:
Michael Miceli · License #10301224302
(315) 591-6101
Source:
Elliman
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 16 at 4:57AM
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 Real Broker NY LLC
Investment Insights
Based on property information with market context.
This fully renovated 3-unit multifamily property offers updated, move-in-ready interiors across all apartments. Each unit includes modern kitchens, renovated bathrooms, grey laminate flooring, and fresh finishes. The exterior features low-maintenance vinyl siding, and the property includes off-street parking. A key operational advantage is that the units have separate utilities, which can simplify management and help each unit operate independently.
The building sits on a corner lot in Watertown, New York. The home is described as being close to Public Square, schools, shopping, restaurants, and other everyday conveniences, with walkability characterized as somewhat walkable and bikeability as somewhat bikeable.
For tenants, this configuration supports updated, self-contained apartment living with separate utility service. For owner-occupants or investors, the property’s renovated condition and unit-by-unit utility separation can support straightforward operations with reduced immediate renovation needs. The corner-lot setting and off-street parking further add practical day-to-day value for residents.
The building sits on a corner lot in Watertown, New York. The home is described as being close to Public Square, schools, shopping, restaurants, and other everyday conveniences, with walkability characterized as somewhat walkable and bikeability as somewhat bikeable.
For tenants, this configuration supports updated, self-contained apartment living with separate utility service. For owner-occupants or investors, the property’s renovated condition and unit-by-unit utility separation can support straightforward operations with reduced immediate renovation needs. The corner-lot setting and off-street parking further add practical day-to-day value for residents.
Key Highlights
- Fully renovated 3‑unit multifamily (triplex) in Watertown, NY, built in 1870
- Updated apartments with modern kitchens, renovated bathrooms, grey laminate flooring, and fresh finishes
- Separate utilities for each unit to support efficient property management
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
974
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Fully renovated triplex with separate utilities and updated interiors plus off-street parking on a corner lot.
Where is this triplex located?
The property is located at 723 Franklin St Watertown, NY.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Fully renovated 3‑unit multifamily (triplex) in Watertown, NY, built in 1870; Updated apartments with modern kitchens, renovated bathrooms, grey laminate flooring, and fresh finishes; Separate utilities for each unit to support efficient property management
