624 Franklin St

Watertown NY 13601

4188 sq. ft.

7189 sq. ft.

Other

Currently for sale - view listing

Overview

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.