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4 Beds
0 Baths
4,188 sqft

$339,000

624 Franklin Street, Watertown City NY, 13601

Price per sqft$80.95
Built in1950
Property size4,188 sqft
Property typeOther

Overview

Active

Listed Aug 19, 2026

Updated Aug 20

Prime Multi-unit investment property in the hear of Watertown! This well maintained 5-unit property brings in 4600/month when fully rented. The building features three 1 bedroom units, one studio, and one 2-bedroom unit, offering a versatile mix that appeals to a broad tenant base. Currently 4 of 5 units are occupied allowing easy transition with cash flow. Recent upgrades include a new fence around the property, refreshed front steps, and ongoing interior improvements as units turn over ensuring the building remains attractive and rent ready. Several units have been recently updated, providing a clean and refreshed feel for new tenants. Conveniently located near downtown, shopping, and Fort Drum access, this property offers stable rental demand and solid income from day one. Whether you're expanding your portfolio or stepping into mult-family investing, 624 Franklin is a strong, income producing asset in a desirable location.

$2,255/mo

Est. mortgage payment based on a $339,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
S1708368

Interior Features

Bedrooms
4
Bathrooms
0
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$2,921
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Motivated Realty, Jeremy Briggs

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Bonnie Pagano Team, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 3:41 AM UTC, 8/20/2026

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