Courtesy: Motivated Realty
315-778-3503
Prime multi-unit investment opportunity in the heart of Watertown! This well-maintained 5-unit property currently brings in $4,550/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 4 of the 5 units are occupied, making this a great option for an owner-occupant or investor looking to fill the final vacancy and maximize 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.
Courtesy: Keller Williams Northern New York
315-459-6619
Here is a terrific investment opportunity and the majority of the work has been done allowing you to immediately turn a profit. Add a bit more sweat equity and there is a whole additional house that could bring in even more income!!! Truly this is a unique and financially sound opportunity! The 4 unit building has been almost completely renovated and is fully occupied. The house in the back has been gutted to the studs and just needs to be finished back to its full potential. Please ask your agent for a full list of the updates that have been done. This one will not go VA as it is a 5 unit property and will require a commercial loan if financing.
Courtesy: Bridgeview Real Estate
315-782-9292
Wow! Talk about an income producer! How about an 11 unit in Watertown, that is virtually completely rented and has over 9K of income! These dont come along very often and many of the units have been updated, as you can see in the pictures! Give us a call or talk to your agent for a complete rundown!
Courtesy: Bridgeview Real Estate
315-782-9292
Don't miss this rare chance to own a charming and well-maintained 6-unit apartment building situated on a spacious 0.80-acre lot in the city of Watertown. This solid two-story brick and wood structure offers timeless character and curb appeal complete with a welcoming front porch and ample off-street parking. The property features one 2-bedroom unit and five 1-bedroom units, individual water heaters and electric meters. Tenants pay their own electric helping to keep operating expenses low. The landlord covers water, heat, trash, lawn care, and snow removal. Additional highlights include secure entry for tenant safety, coin-operated laundry in the basement for added convenience, 200-amp service, long-term tenants already in place, just minutes to local shopping, dining, and amenities. This building combines charm with solid rental income, making it a fantastic investment opportunity for both new and seasoned investors.
Courtesy: Forte Management Group
315-767-5893
A rare investment opportunity in the heart of Downtown Watertown! This beautifully restored historic building has undergone over $300K in renovations since 2022, including: All-New Floors, Windows, Kitchens & Bathrooms 12 Modern Apartments – 11 currently rented! There are 4 different styles of apartment to choose from. Keyless Entry & Security System for peace of mind Long-Term Partnership with DSS – DSS maintains an on-site office for added security and property oversight Ample Parking for all tenants This turnkey property is fully updated and generating income! Don’t miss your chance to own a piece of Watertown’s history while securing a strong investment for the future.
Watertown is located in New York. Watertown, New York has a population of 25,172. Watertown is less family-centric than the surrounding county with 30.62% of the households containing married families with children. The county average for households married with children is 31.71%.
The median household income in Watertown, New York is $46,051. The median household income for the surrounding county is $58,271 compared to the national median of $69,021. The median age of people living in Watertown is 34.4 years.
The average high temperature in July is 79.8 degrees, with an average low temperature in January of 9.3 degrees. The average rainfall is approximately 40.1 inches per year, with 102.1 inches of snow per year.
