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
Property Details
Price:
$200,000
MLS #:
S1707565
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
SingleFamilyResidence
Neighborhood:
watertowncity221800
Listed Date:
Aug 17, 2026
Finished Sq Ft:
1,496
Total Sq Ft:
1,496
Lot Size:
6,105 sqft / 0.14 acres (approx)
Year Built:
1880
See this Listing
Schools
School District:
Watertown
Interior
Appliances
Electric Oven, Electric Range, Gas Water Heater
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Flooring
Carpet, Varies
Heating
Gas, Forced Air
Interior Features
Eat In Kitchen, Separate Formal Living Room, Bedroom On Main Level
Laundry Features
Upper Level
Levels
Two
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Architectural Style
Two Story
Construction Materials
Composite Siding
Exterior Features
Blacktop Driveway
Lot Features
Irregular Lot, Residential Lot
Parking Features
No Garage
Stories
2
Financial
Taxes
$2,023
Map
Community
- Address523 Arsenal Street Watertown City NY
- CityWatertown City
- CountyJefferson
- Zip Code13601
Subdivisions in Watertown City
- Ball Estate
- Bowers Add
- Camp & Boyd’s Purchase
- Camp & Boyds Purchase
- Catherine Cuff Prop
- Ch Spragues Pinnacle Park
- City Park Add
- City/Watertown
- Cullen Prop
- Eunice D Ball Estate
- Evergreen Mobile Home Par
- George A Eueleigh
- George E Eveleighs Barbeh
- Hillcrest Farm
- Jefferson Land & Improv C
- Kelsey Crk Sub
- Lawrence Hayes Estate
- New Add
- Riders Add
- Shepard Purchase
- Smith Farm Sub
- Smith Farm Sub Map #4
- State Street Add
- Thomas Bighams Prop
- Thompson Gardens
- Brown & Mclaughlins Add
- Clinton W Riders Add
- Haley & Washington
Market Summary
Current real estate data for Single Family in Watertown City as of Sep 08, 2026
160
Single Family Listed
99
Avg DOM
119
Avg $ / SqFt
$193,772
Avg List Price
Property Summary
- 523 Arsenal Street Watertown City NY is a Single Family for sale in Watertown City, NY, 13601. It is listed for $200,000 and features 3 beds, 2 baths, and has approximately 1,496 square feet of living space, and was originally constructed in 1880. The current price per square foot is $134. The average price per square foot for Single Family listings in Watertown City is $119. The average listing price for Single Family in Watertown City is $193,772. To schedule a showing of MLS#s1707565 at 523 Arsenal Street in Watertown City, NY, contact your Concrete Jungle Realty agent at 3472420937.
Similar Listings Nearby
Courtesy of Marble Key Realty LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 523 Arsenal Street
Watertown City, NY



