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Updated 3-Unit Triplex
For Sale
$159,900

723 Franklin Street, Watertown, NY 13601

Three apartments feature renovated kitchens and bathrooms, separate utilities, and off-street parking.

Property Size2,378 SF
Price / SF$67.24
Days on Market128

Property Features for 723 Franklin Street

General Information

Standard status Active
Size 2,378 SF
Property subtype Multi Family Home

Additional Details

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
Listing Agency: Real Broker NY LLC
Listed By: Michael Miceli · License #10301224302
Source: Garlockrealty
Added: Jun 18 Changed: Oct 23 Last Checked: Oct 23 at 5:35PM

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

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Investment Insights

Based on property information with market context.

This 2,378-square-foot triplex contains three apartments, with updated kitchens, remodeled bathrooms, laminate flooring, and refreshed interior finishes. Separate utilities serve the units. The property also has vinyl siding and off-street parking on a corner lot. Built in 1870, it offers a combination of interior improvements and practical exterior features.

At 723 Franklin Street in Watertown, the property is near Public Square, schools, shops, and restaurants. The location also provides access to downtown amenities, services, and major employers.

Key Highlights

  • Three apartment units in a 2,378‑square‑foot building
  • Renovated kitchens and bathrooms, laminate flooring, and refreshed finishes
  • Separate utilities for the apartments

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

974
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three apartments feature renovated kitchens and bathrooms, separate utilities, and off-street parking.
Where is this triplex located?
The property is located at 723 Franklin Street Watertown, NY.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Three apartment units in a 2,378‑square‑foot building; Renovated kitchens and bathrooms, laminate flooring, and refreshed finishes; Separate utilities for the apartments
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