723 Franklin ST, Watertown, NY 13601
723 Franklin ST, Watertown, NY 13601
723 Franklin ST, Watertown, NY 13601
723 Franklin ST, Watertown, NY 13601
723 Franklin ST, Watertown, NY 13601
723 Franklin ST, Watertown, NY 13601
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$ 174,900
Est. payment | /mo

5 Beds

3 Baths

2,378 SqFt


$ 174,900
Est. payment | /mo

5 Beds

3 Baths

2,378 SqFt

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,378 sqft

Price per Sqft $73

Subdivision Catherine Cuff Prop

MLS Listing ID S1691616

Style Triplex

Bedrooms 5

Full Baths 3

Construction Status Existing

HOA Y/N No

Year Built 1870

Annual Tax Amount $3,176

Lot Size 5,292 Sqft

Acres 0.1215

Lot Dimensions 63X84

Property Sub-Type Multi Family

Property Description

Looking for a turnkey investment property in Watertown, NY? This fully renovated 3-unit multifamily offers the combination many investors are searching for: updated interiors, separate utilities, low-maintenance exterior features, and a location close to the heart of Watertown. Whether you're adding to an established portfolio or looking for an owner-occupied opportunity, 723 Franklin Street delivers flexibility and long-term income potential.

Each apartment has been updated with modern kitchens, renovated bathrooms, grey laminate flooring, and fresh finishes throughout, creating attractive spaces for tenants while helping minimize immediate capital expenditures. Separate utilities provide added efficiency and simplify property management, making this a practical choice for investors seeking a straightforward, income-producing property in Jefferson County.

Situated on a corner lot, the property features durable vinyl siding and off-street parking, adding to its low-maintenance appeal. Its location places tenants just minutes from Public Square, schools, shopping, restaurants, and everyday conveniences, making this a desirable rental location in Watertown. Easy access to major employers, services, and downtown amenities helps support strong long-term rental demand.

For buyers interested in house hacking, this multifamily property in Watertown offers the opportunity to occupy one unit while generating income from the others. Investors looking for a 3-unit property in Watertown, NY will appreciate the move-in-ready condition and the ability to focus on operations and returns rather than renovations.

Whether you're searching for a rental property in Watertown, NY, expanding your real estate portfolio, or pursuing an owner-occupied investment opportunity, 723 Franklin Street offers the updates, location, and versatility that make multifamily properties such a valuable asset in today's market.

Location

State NY

County Jefferson

Community Catherine Cuff Prop

Area Watertown-City-221800

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Carpet, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Sewer Connected, Water Connected

Building

Lot Description Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Architectural Style Triplex

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

Middle Schools Case Middle

High Schools Watertown Senior High

School District Watertown

Others

Senior Community No

Tax ID 221800-012-000-0007-316-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1691616

Listed by Real Broker NY LLC

Nearby Locations

Michael Miceli

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(315) 591-6101

michael.miceli@westlightrealestate.com

19 Mccracken Drive, Oswego, New York, 13126, USA

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723 Franklin ST