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.
Property Type
ResidentialCounty
DelawareStyle
FarmhouseAD ID
50347590
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BuyOwner last updated this listing 07/27/2025 @ 10:15
- MLS: 884711
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: OneKey
is a Home, with 1 bedrooms which is for sale, it has 2,400 sqft, 0 sized lot, and 6 parking. are nearby neighborhoods.