523 Arsenal Street Watertown City, NY $ 190,000
523 Arsenal Street
$ 190,000
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523 Arsenal Street

Watertown City, NY, 13601
$ 190,000
Bedrooms-- Baths-- Sq 1,496

Monthly Estimate*

$ 1,312

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Commercial Property for sale in Watertown City, NY for $190,000. This 1,496 square foot building was built in 1880 on a lot size of 0.1402.

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 residential MLS # S1707565.

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Commercial Active

Price

$ 190,000

Property Type

Commercial

Taxes

$ 2,023

Style

Lot Size

0.1402

Year Built

1880

Town/City

Watertown City

County/Region

JEFFERSON

MLS | Web ID

S1707679

Features
General
Sewer PublicSewer
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Metal
Zoning Commercial
Construction Materials Other
School District Watertown
Year Built 1880
Stories Count 2
Township Not Applicable
Levels Two
County Jefferson
Property Type CommercialSale
Status Active
City Watertown City
High School District Watertown
Zoning Description Commercial
Number Of Units Total 0
MLS Area Watertown-City-221800
Lot Size Units Acres
Lot Size Square Feet 6105.0
Year Built Details Existing
Tax Annual Amount 2023.0
Property Condition Resale
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1707679
Standard Status Active
Middle/Junior School District Watertown
Elementary School District Watertown
Tax Assessed Value 59000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 128
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Interior
Total Fireplaces 0
Total Stories 2
Heating Y/N Yes
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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Exterior
Lot Features IrregularLot
Water Source Public
Total Parking 8.0
Inclusions Other - See Remarks
Lot Size Area 0.1402
Number of Buildings 1
Building Area Total 1496.0
Lot Dimensions 37X165
Lot Size Acres 0.1402
Waterfront Y/N No
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Internal Only
Street Number 1 523
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* Excluded Features
List By
Marble Key Realty Llc

Broker

(315) 783-7340

Phone

Affordability Calculator

$1,481
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,312
Monthly Property Taxes
$169
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
247479 Elementary School
248093 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$190,000 -5.00% Price Down
8/17/2026$200,000 Listed Price

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523 Arsenal Street, Watertown City, NY, 13601 is a Commercial Property for sale at $190,000 with 1,496 sqft and a lot size of 0.1402. 523 Arsenal Street was built in 1880. The property's zip code is 13601 which is in Watertown City, NY