Description
***Incredible Rental Income and/or Business Opportunity on Watertown's Busiest Streets!*** Centrally located on Arsenal Street and close to downtown with shopping, dining, and entertainment at your doorstep. This property features not 1, not 2, but 3 parcels! Brand new roof was recently installed & comes w/a warranty. A triplex takes up one parcel and features 3 rental units. On the 1st floor, a 1 BD/1BA studio apartment offers a living/kitchen combo. Next door is a 1 BD/1BA apartment with gorgeous tongue & grove pine accent walls & ceilings throughout, enclosed porch, & large living room w/ adjoining kitchen. The 3rd & largest 3 BD/1.5BA apartment is located at the back & features newly installed carpet/flooring throughout. Currently rented at $1,000/mth as a field office for a construction company only using the living room & kitchen. The owner resides in the studio, but when all 3 units are rented, mthly income potential is $2500+. The other 2 parcels make up a 0.4-acre paved lot with two storage sheds. The location, combined with the captive audience resulting from the nearby traffic light & the 'Urban Mixed Use' zoning, make this property a real estate investor's dream!
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0BEDS
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0.45ACRES
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0BATHS
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01/2 BATHS
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2,728SQFT
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$82$/SQFT
Description
***Incredible Rental Income and/or Business Opportunity on Watertown's Busiest Streets!*** Centrally located on Arsenal Street and close to downtown with shopping, dining, and entertainment at your doorstep. This property features not 1, not 2, but 3 parcels! Brand new roof was recently installed & comes w/a warranty. A triplex takes up one parcel and features 3 rental units. On the 1st floor, a 1 BD/1BA studio apartment offers a living/kitchen combo. Next door is a 1 BD/1BA apartment with gorgeous tongue & grove pine accent walls & ceilings throughout, enclosed porch, & large living room w/ adjoining kitchen. The 3rd & largest 3 BD/1.5BA apartment is located at the back & features newly installed carpet/flooring throughout. Currently rented at $1,000/mth as a field office for a construction company only using the living room & kitchen. The owner resides in the studio, but when all 3 units are rented, mthly income potential is $2500+. The other 2 parcels make up a 0.4-acre paved lot with two storage sheds. The location, combined with the captive audience resulting from the nearby traffic light & the 'Urban Mixed Use' zoning, make this property a real estate investor's dream!
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than BridgeView Real Estate are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2023-05-30T00:13:39.753.
Listing information © 2023 CNYIS, GENRIS, WNYREIS. Listing provided by Shondra Beach of Bridgeview Real Estate : 315-782-9292.