Active
723 Franklin Street, Watertown City NY 13601
MLS# S1691616
$174,900
Price
5
Beds
3
Baths
2,378
Living Area (Sq.Ft.)
0.122
Lot Area (Acres)
$174,900
Price
5
Beds
3
Baths
2,378
Living Area (Sq.Ft.)
0.122
Lot Area (Acres)
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. <br> <br>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. <br> <br>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. <br> <br>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. <br> <br>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.
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1870
Parcel Number
221800-012-000-0007-316-000-0000
Unit Number
--
Subdivision Name
Catherine Cuff Prop
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Levels
Two
Lot Size Dimensions
63X84
Stories
2
Bath Rooms Full
3
Property Condition
Resale
Elementary School District
Watertown
Middle Or Junior School
Case Middle
Middle Or Junior School District
Watertown
High School
Watertown Senior High
High School District
Watertown
Location
Listing Agent
Michael Miceli
Listing Office
Real Broker NY LLC
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-06-18
Owner Pays
Other, See Remarks
Rent Includes
Other, See Remarks
Fire Places Total
0
Flooring
Carpet, Varies, Vinyl
Heating
true
Heating Features
Gas, Forced Air
Appliances
Gas Water Heater
Garage
--
Garage Spaces
0
Architectural Style
Triplex
Water Source
Connected, Public
Sewer
Connected
Utilities
Sewer Connected, Water Connected
Parking Features
Two Or More Spaces
Basement
Full
Construction Materials
Vinyl Siding
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.