CCertihomes
723 Franklin Street, Watertown City, NY 13601

$225,000

6 beds 3 baths 2,378 sqft Built 18709 days on marketActive

About this home

Recently renovated and ready for new ownership, this versatile 3-unit property at 723 Franklin Street is a great opportunity for investors or owner-occupants looking to live in one unit and rent out the others. Each apartment features its own updated kitchen and bathroom, with easy-care grey laminate flooring and fresh finishes throughout. Separate utilities for each unit provide added flexibility and convenience. The exterior offers low-maintenance vinyl siding, off-street parking, and a corner lot location close to Public Square, schools, and everyday amenities. Whether you're looking to grow your portfolio or find a home with income potential, this move-in-ready property offers a smart blend of updates and location in the heart of Watertown.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$2,897/mo

Real estate (PITI + HOA + PMI)
$2,087
Principal + interest$1,444
Property tax + insurance$559
PMI / 2nd mortgage$84
Utilities
$1,605
Heating + cooling$653
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$2,897/mo TLC
Budget$5,000/mo
Remaining after TLC$2,103/mo
Purchase price
$225,000
Down payment
$11,250 (5%)
Loan amount
$213,750
APR
7.15%

Quick facts

Type
MultiFamily
Style
Year built
1870
Lot size
0.1215 ac
Stories
2
Heating
Gas, ForcedAir
Cooling
Water
Connected, Public
HOA
Annual tax
$3,099
MLS #
S1628355
County
Jefferson

At a glance

Basement

Home features

Appliances
GasWaterHeater
Parking
PavedTwoOrMoreSpaces
Flooring
Carpet, Varies, Vinyl
Sewer
Connected

Lot features

Rectangular, RectangularLot, ResidentialLot

Neighborhood — 13601

MetricThis ZIPCountyUSA
Population32,79219,351,094299,088,112
Population Change Since1990-7.00%8.00%20.00%
Population Density245395
Male15,6559,381,926147,432,321
Female17,1379,969,168151,655,844
Never Married6,6714,946,39163,775,926
Married12,6197,166,701123,120,365
Separated1,7431,159,67312,639,686
Widowed2,0091,110,24515,467,586
Divorced2,7791,210,44823,075,029
Number Of House Hold12,4717,102,016111,826,380
Average House Hold Size2.532.642.60
Medial Age34.0536.5335.46
Median House Hold Income$33,861$49,847$48,276
Average House Hold Income$44,637$70,032$63,629
P C I$17,680$26,569$24,529
M D I$29,953$42,210$41,133
A T H E$40,488$54,185$50,898
S T R7.75%4.00%
W C J80.27%81.55%77.74%
(Zip) Code
13601

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 8/7/2025. Provided courtesy of Motivated Realty via Buffalo MLS. Information deemed reliable but not guaranteed.