Make an Offer
New
2126
Home61's Closings in
Miami, FL
Amenities
Key features
Living area
2,400 sqft
Lot size
N/A
Tax
$1,626 (2024)
$ /sqft
$ 83
Tenant Occupied
No
Parking Space
10
Building
-
On market
1 day
$ /sqft
$ 83
Type
house
Year Built
1850
Unit
-
Zip Code
13775
Ref./MLS ID
KEY884711
DESCRIPTION
Investment opportunity with income & business potential in franklin, ny
125 water street is a rare find in the heart of franklin — a spacious 1850 greek revival farmhouse on a corner lot, offering serious potential to generate multiple income streams. With flexible zoning, ample square footage, and major infrastructure upgrades already in place, this property is primed for transformation into a smart investment. The front of the home is well on its way, featuring a large kitchen, dining area, two generous living spaces, and a dramatic staircase leading to an unfinished massive primary suite. Period woodwork and historic details add character, while behind the scenes, key systems — including foundation, electric, plumbing, water, and insulation — have already been upgraded. A wrap around porch runs from the kitchen to the living room with the small-town charm we all crave. Large light filled living spaces have access to the covered front porch. The rear of the property is where the opportunity truly expands: a massive two-story garage/studio space tall enough to house trucks, rvs, or large equipment. This space could serve as a base for a contractor, service business, or creative enterprise — or be converted into rental units. Located in a revitalizing catskills village with a new main street grant and thriving creative energy, this is a strategic opportunity to invest in both real estate and community. Minutes to oneonta, cooperstown all star village, 1 hr 15 minutes to ski resorts and 3 hrs 15 mins to nyc.
Data is provided by OneKey MLS.
Listed on July 02, 2025 by Steven J. Kraus from Compass Greater NY, LLC, this house is for sale. 1/1 house for sale in Franklin listed at $199,000, Reference KEY884711
The multiple listing information is provided by OneKey MLS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 OneKey MLS®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by OneKey MLS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 OneKey MLS®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.