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3 Beds
2 Baths
1,496 sqft

$190,000

523 Arsenal Street, Watertown City NY, 13601

Price per sqft$127.01
Built in1880
Property size1,496 sqft
Property typeResidential

Overview

Active

Listed Aug 17, 2026

Updated 41h ago

Versatile Residential & Commercial Investment Opportunity! This property offers the perfect combination of immediate rental income and long-term potential, with zoning that allows for both residential and commercial use. Previously rented as a single-family home for $1,200 per month, the property provides an established income stream while offering flexibility for future commercial development, business use, or a live-work setup. The well-maintained home features 3 bedrooms and 1.5 bathrooms, with updated finishes throughout creating a clean, updated, and inviting interior. Whether you're looking to expand your investment portfolio, operate a business, or secure a property with multiple potential uses, this location provides plenty of opportunity. Also included in the sale is an additional 0.32-acre parcel (Tax ID 221800 009-000-0001-127-000-0000), providing valuable additional space for potential parking, expansion, additional structures, or future development, subject to zoning and municipal approvals. Conveniently located near local amenities, shopping, this property offers accessibility and versatility in one package. A great opportunity for investors, entrepreneurs, business owners, or buyers seeking a property with both income-producing potential and future flexibility. Also listed as commercial MLS # S1707679

$1,264/mo

Est. mortgage payment based on a $190,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
S1707565

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$2,023
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Marble Key Realty LLC, Cheyanne Brooks

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Data last updated 5:14 AM UTC, 10/6/2026

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