Property Description
3 Unit, Multi-Family Res (2-4) units - Watertown, NY ***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 'Neighborhood Business' zoning, make this property a real estate investor's dream!