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223 State Street, Watertown, NY 13601

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For Sale

$1,200,000

18 beds • 16 baths • 5 half baths • 25,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $48.00
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Prime Investment Opportunity in Downtown Watertown, NY! Discover the potential of the historic Musselman Building, a highly desirable property just one block from Public Square in the heart of Watertown. This well maintained building combines residential and commercial spaces making it an investment opportunity. Property Overview: -10 one-bedroom apartments, 2 two-bedroom apartments, 4 studio apartments, an on-site laundry room and 4 commercial storefronts (approximately 1,100 sq. ft. each). Additional rental storage space is available for added income. -Recently renovated units. Original brick details in selected areas. Blending the historic charm with a modern appeal. -Equipped with a steam boiler, gas heating, on-demand hot water heater, and 80 gallon storage tank. Prime Location: -Steps from Public Square, walking distance to Samaritan Medical Hospital, shopping and restaurants with easy access to major highways including I-81and Route 11. -Just minutes from the Black River s popular rafting destination and Watertown Zoo. Close to the state office building which is convenient for tenants and businesses. -Public parking is available directly across the street for tenants and visitors. -A short and beautiful 30 minute drive to the Thousand Islands region, Clayton and Alexandria Bay, just 15 minutes from Fort Drum Base and only an approx. half hour from the Ontario Canadian border. This historic downtown property is a rare find with strong income potential. Schedule a tour today to explore everything the Musselman Building has to offer! Also listed as 50670.
MLS# 50671

Courtesy Of Fresh Start Real Estate & Property Management, LLC

(315) 748-3106

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Hardwood, Laminate, Tile, Vinyl, Wood
  • Heating System
    Radiant

Map and Directions

Directions to 223 State Street, Watertown, NY 13601

Home seller CENTURY 21 Galloway Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Galloway Realty

(315) 342-2111
Learn More About Us

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Copyright © 2024 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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