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Chris Lavey
REALTOR®, Lic. Real Estate Associate Broker
(716) 480-9507

523 Arsenal Street, Watertown, NY 13601

$200,000
  • 523 Arsenal Street, Watertown, NY 13601 Main Photo

12 Total Photos [Click to View All]

New to the Market Active
BEDS3 BATHS1 full 1 partial SQUARE FEET1,496 MLS#S1707565
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLWatertown

Property Description

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

523 Arsenal Street | MLS# S1707565

This single family home located at 523 Arsenal Street, Watertown, NY 13601 is currently listed for sale with an asking price of $200,000. This property was built in 1880 and has 3 bedrooms and 1 full and 1 partial baths with 1496 sq. ft. Arsenal Street is located within the Watertown school district. Search Watertown real estate on www.chrislavey.com today.

Property Features

Property Type: Residential - Single Family
Basement: Full, Partially Finished
Heating: Gas, Forced Air
Home Style: Two Story
Lot Size: 0.14 Acres
Stories: 2.0
Taxes: $2,023
Year Built: 1880

Amenities

Eat-in Kitchen
Separate/Formal Living Room
Bedroom on Main Level
Blacktop Driveway

Feature Descriptions

Appliances: Electric Oven, Electric Range, Gas Water Heater
Days on Site: 4
Exterior: Composite Siding
Flooring: Carpet, Varies
Laundry: Upper Level
Lot: Irregular Lot, Residential Lot
Lot Dimensions: 37X165
Parcel#: 221800-009-000-0001-128-000-0000
Parking: No Garage
Parking Notes: No Garage
Sewer: Connected
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Watertown

Listed By / Shown By

Listing By

Agency Name: Marble Key Realty LLC
Agency Phone: 315-783-0191

Shown By

Agent Name: Chris Lavey
Agent Phone: (716) 480-9507
Agency Title: MJ Peterson Real Estate

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Estimate Your Payment

Estimated Payment

$ 672.03 per month $445.11 Principal & Interest $168.58 Property Tax $58.33 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/22/2026. The listing information on this page last changed on 08/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 08/22/2026 12:00:02 AM EST) or New York State Alliance MLS (last updated Fri 08/21/2026 11:55:04 PM EST). Real estate listings held by brokerage firms other than MJ Peterson Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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