Neighbors of Watertown, Inc. Neighbors of Watertown, Inc. Neighbors of Watertown, Inc. The Housing & Redevelopment Store

Olympic Apartments

Apartments Available

Please call 315-782-8497 for more information

 

231 Franklin Street, Watertown, NY 13601

In May 2009, Neighbors started managing the Olympic Apartments, 231 Franklin Street Watertown, New York. Olympic Apartments is the second of two apartment complexes for older residents erected by The Henry Keep Home in downtown Watertown.

Named for the former Olympic Theater near the site, which had entertained movie-goers since it first opened in 1920, the Olympic Apartments are actually located in the first block of Franklin Street.

The building is owned by Olympic Apartment Associates and oversight is provided by the Henry Keep Home board of directors.

 

 

Apartments & Amenities

1 Bedroom Apartments
2 Bedroom Apartments

Olympic Apartments is the second of two apartment complexes for older residents erected by The Henry Keep Home in downtown Watertown. It provides 42 units for older residents.

  • Wall to wall carpeting
  • Ample Closet Space
  • On-site laundry room
  • Community Room with Cable TV
  • Secured lobby with intercom
  • Free Trash Removal
  • On-site parking
  • Patio
 

Lease a bright and spacious apartment located within walking distance of Historic Downtown Watertown. This building has much to offer.

 

Rents & Income Limits - 60% AMI

 

1 Bedroom Apartments $500 - $571 per month Includes Water & Sewer
 
2 Bedroom Apartments $673 - $683 per month Includes Water & Sewer
 

Restricted to persons 55 years of age or older
Applicants need to meet income guidelines

 

Household Income Limit Guidelines - 60% AMI

 

1 Person $27,060

2 Person $30,900

3 Person $34,740

 

*Tenants share of rent is 30% of household income.
Income eligibility is at time of lease signing.
Income of original occupants may increase after occupancy without displacement.