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  • Price cut: $20K (7/5)
    $179,000

    125 Water Street, Franklin, NY 13775

    3beds
    2,400sqft
    Single Family Residence
    Built in 1850
    0.25 Acres Lot
    $190,800 Zestimate®
    $75/sqft
    $-- HOA

    What's special

    Architectural staircaseWrap around porchCorner lotTwo large living spaces
    Welcome to 125 Water Street a spacious 1850 Greek Revival Farmhouse in the heart of Franklin, NY, where the charm of small-town living meets big potential. Located on a quiet corner lot just steps from the Franklin Stage Company, parks, shops, and the town pool, this property is ideally situated within a village undergoing an exciting transformation fueled by incoming creative endeavors and a newly awarded Main Street revitalization grant. A renovation on the home has started with the heavy lifting already done: a solid foundation, upgraded electric and plumbing, new insulation, and water systems are in place. What remains is a unique opportunity to finish the renovation with your own vision and style. Period woodwork and architectural details remain intact, offering warmth and texture that's hard to replicate. The front of the home has a large kitchen and dining area that has a door to the wrap around porch. There are two large living spaces on this level, and a large architectural staircase leads up to the second floor primary. In the rear of the home, a massive garage/studio offers endless possibilities tall enough for an RV, boat, diesel truck, or even multiple vehicles. With flexible zoning and ample square footage, the unfinished portion of the home also presents the potential to add 2-4 separate apartments ideal for rental income, extended family, a massive creative studio, or a live/work compound. Franklin is a picturesque and quietly buzzing village surrounded by the rolling hills of the western Catskills. If you're looking for a spacious home with room to dream, design, and grow 125 Water Street is ready to become your next chapter. Minutes to Oneonta, Cooperstown All Star Village, 1 hr 15 minutes to ski resorts and 3 hrs 15 mins to NYC. The property is being sold, as-is.
    74 days
    on Zillow
    |
    922
    |
    31
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    Zillow last checked: 7 hours ago

    Listing updated: August 07, 2025 at 09:40am

    Listing by:

    Compass Greater NY, LLC 838-877-8283,

    Nigel Hall

    Source: HVCRMLS,MLS#: 20251802MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 125 Water Street.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Water Heater, Washer, Free-Standing Electric Range, Electric Water Heater, Electric Oven, Dryer, Dishwasher
    Features
    • Flooring: Hardwood
    • Basement: Dirt Floor
    Interior area
    • Total structure area: 2,400
    • Total interior livable area: 2,400 sqft
    • Finished area above ground: 2,400
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage - Attached
    • Attached garage spaces: 7
    Features
    • Stories: 2
    • Fencing: Back Yard,Front Yard
    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 1232010970080003020000
    • Zoning: res

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Greek Revival
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1850

    Community & HOA

    Community
    • Features: Park, Playground, Pool, Restaurant, Sidewalks, Street Lights
    HOA
    • Has HOA: No
    Location
    • Region: Franklin

    Financial & listing details

    • Price per square foot: $75/sqft
    • Tax assessed value: $50,000
    • Annual tax amount: $2,398
    • Date on market: 8/7/2025
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