523 Arsenal Street

About this home

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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Location

Watertown, NY 13601 · Jefferson County

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