$199,000

125 Water St Franklin, NY 13775

$2,363
Closing credit¹
3 beds
2 full
2,400 sqft
0.3 acres
$83 / sqft
House

Property details

About 125 Water St

Welcome to 125 Water Street — a spacious 1930 Greek Revival Farmhouse in the heart of Franklin, NY, where the charm of small-town living meets big creative 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.

Highlights

Home typeSingle Family Residence
StatusActive
Size2,400 sqft
BasementYes
Lot size0.25 Acres
Year built1850
ParkingAttached
MLS #20251802
Attached garage7 spaces

Summary

  • Full Bathrooms: 2
  • Appliances: Water Heater, Washer, Electric Range, Electric Water Heater, Electric Oven, Dryer, Dishwasher
  • Basement: Yes
  • Flooring Type: Hardwood
  • Total Bedroom Count: 3
  • Garage Space: 7 spaces
  • Attached Garage: Yes
  • Parking: Attached
  • Architectural Style: Greek Revival
  • List Price: $199,000
  • Price/SqFt: $82
  • Annual Tax Amount: $5,541
  • Tax Year: 2023
  • Directions: On Main Street. Park in front of red barn.
  • Year Built: 1850
  • Stories: 2
  • Living Area: 2,400 SqFt
  • Lot Size: 0.25 Acres
  • MLS Number: 20251802
  • MLS Name: UlsterCounty
  • Office Name: Compass Greater NY, LLC
  • Office Phone: (838) 877-8283
  • Office Email: Jason.Wilson@compass.com
  • Listing Agent: Steven Kraus

IDX Copyright © 2025 Hudson Valley Catskill Region MLS. All rights reserved. Real estate listings of brokerage firms other than Hudson Valley Catskill Region MLS are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively 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 information provided is deemed reliable but is not guaranteed and should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/1/2025, 8:15:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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125 Water St, Franklin, NY 13775 - view of front of property with covered porch, metal roof, and a front yard

$199,000

125 Water St

$2,363

closing credit¹

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Seller rebate

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Price information

Property sales

DateEventPrice
Sep 14, 2023
Home Sold
$120,000
Jan 16, 2009
Home Sold
$70,000

Tax history

YearAssessmentProperty Tax
2023$50,000$5,541
2022$50,000$3,669
2021$50,000$3,669
2020$96,000$3,669
2019$96,000$4,430
2018$96,000$4,430
2017$96,000$4,997

History based on county public records data.

Nearby schools

6

Unadilla Elementary School

Public District KG-5

7.4 mi

265 Main St

3

Riverside Elementary School

Public District KG-5

8.6 mi

39 House St

5

Greater Plains Elementary School

Public District KG-6

9.0 mi

60 W End Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,337. The majority of Franklin, NY residents have income between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

42%
<35k
45%
35k-100k
13%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

33%
Single, No Kids
12%
Single, with Kids
37%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
45%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 125 Water St

The listing price of 125 Water St property is $199,000.

The property 125 Water St is a house located in Franklin, New York, 13775.

Active Listing: 125 Water St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 125 Water St are: Unadilla Elementary School (GreatSchools Rating 6/10), Riverside Elementary School (GreatSchools Rating 3/10), Greater Plains Elementary School (GreatSchools Rating 5/10), Unatego Middle School (GreatSchools Rating 5/10), Oneonta Middle School (GreatSchools Rating 5/10), Sidney Middle School (GreatSchools Rating 7/10), Franklin Central School (GreatSchools Rating 4/10), Unatego Junior-Senior High School (GreatSchools Rating 4/10), Oneonta Senior High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $5,541 (source: MLS/based on county public records data).

The last sale was on September 14, 2023 for $120,000 (source: MLS/tax record).

The property at 125 Water St has 3 bedrooms and 2 bathrooms.

The property 125 Water St is 2,400 SqFt (source: MLS/tax record).

The year of construction for 125 Water St is 1850.

This home is located at 125 Water St in Franklin, NY and zip code 13775. This 2,400 square foot home, which was built in 1850, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $199,000.

From Rocket Homes Real Estate and based on county public records data.

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