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  • $339,000

    624 Franklin St, Watertown, NY 13601

    4beds
    0baths
    4,188sqft
    Loading
    Multi Family
    Built in 1950
    -- sqft lot
    $320,200 Zestimate®
    $81/sqft
    $-- HOA

    What's special

    Ongoing interior improvementsRefreshed front steps
    Prime multi-unit investment opportunity in the heart of Watertown! This well-maintained 5-unit property currently brings in $4,600/month with room to grow. 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 all 5 units are occupied allowing easy transition with maximum 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 multi-family investing, 624 Franklin is a strong, income-producing asset in a desirable location.
    267 days
    |
    69
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Motivated Realty 315-778-3503,

    Jeremy Briggs 315-778-3503

    Source: NYSAMLSs,MLS#: S1648791MLS LogoOriginating MLS: Jefferson-Lewis Board

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 0
      Heating
      • Gas, Forced Air
      Appliances
      • Included: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
      • Laundry: Coin-operated
      Features
      • Flooring: Carpet, Luxury Vinyl, Varies, Vinyl
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 4,188
      • Total interior livable area: 4,188 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: One Space, No Garage
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Blacktop Driveway
      Lot
      • Size: 7,187 Square Feet
      • Dimensions: 79 x 91
      • Features: Rectangular, Rectangular Lot, Residential Lot
      Details
      • Parcel number: 22180001100000081010000000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt
      Condition
      • Resale
      • Year built: 1950

      Utilities & green energy

      • Sewer: Connected
      • Water: Connected, Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Laundry Facilities
      Location
      • Region: Watertown

      Financial & listing details

      • Price per square foot: $81/sqft
      • Tax assessed value: $97,000
      • Annual tax amount: $2,768
      • Date on market: 11/4/2025
      • Listing terms: Cash,Conventional

        Estimated market value

        $320,200

        $304,000 - $336,000

        $1,187/mo

        Price history

        DateEventPrice
        11/4/2025Listed for sale$339,000+78.5%$81/sqft
        Source: NYSAMLSs #S1648791 Report a problem
        6/11/2020Listing removed$189,900$45/sqft
        Source: Bridgeview Real Estate Services #S1221682 Report a problem
        1/28/2020Pending sale$189,900$45/sqft
        Source: Bridgeview Real Estate Services #S1221682 Report a problem
        12/21/2019Price change$189,900-2.6%$45/sqft
        Source: Bridgeview Real Estate Services #S1221682 Report a problem
        6/25/2019Price change$194,900-7.1%$47/sqft
        Source: Jason Smith Real Estate #S1142374 Report a problem
        3/8/2019Price change$209,900+5.5%$50/sqft
        Source: Jason Smith Real Estate #S1142374 Report a problem
        1/23/2019Price change$198,900-13.1%$47/sqft
        Source: Jason Smith Real Estate #S1142374 Report a problem
        12/6/2018Price change$228,900-11.6%$55/sqft
        Source: Jason Smith Real Estate #S1142374 Report a problem
        11/9/2018Price change$259,000-4%$62/sqft
        Source: Jason Smith Real Estate #S1142374 Report a problem
        10/28/2018Price change$269,900-2.9%$64/sqft
        Source: Jason Smith Real Estate #S1142374 Report a problem
        10/2/2018Price change$278,000-4.1%$66/sqft
        Source: Jason Smith Real Estate #S1142374 Report a problem
        8/22/2018Price change$290,000+3.6%$69/sqft
        Source: Jason Smith Real Estate #S1142374 Report a problem
        8/20/2018Listed for sale$280,000+86.7%$67/sqft
        Source: Jason Smith Real Estate #S1142374 Report a problem
        4/6/2017Listing removed$900
        Source: Zillow Rental Network Report a problem
        2/3/2017Listed for rent$900+100%
        Source: Zillow Rental Network Report a problem
        3/11/2016Listing removed$450
        Source: Bennett Realty Group LLC - One Property Management Report a problem
        3/8/2016Listed for rent$450
        Source: Bennett Realty Group LLC - One Property Management Report a problem
        7/31/2012Sold$150,000$36/sqft
        Source: NYSAMLSs #S249575 Report a problem

        Public tax history

        Tax history is unavailable.
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 13601

        Getting around

        67 / 100
        Somewhat Walkable
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Watertown

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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