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 Riverâ??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.
Watertown is located in New York. Watertown, New York has a population of 25,172. Watertown is less family-centric than the surrounding county with 30.62% of the households containing married families with children. The county average for households married with children is 31.71%.
The median household income in Watertown, New York is $46,051. The median household income for the surrounding county is $58,271 compared to the national median of $69,021. The median age of people living in Watertown is 34.4 years.
The average high temperature in July is 79.8 degrees, with an average low temperature in January of 9.3 degrees. The average rainfall is approximately 40.1 inches per year, with 102.1 inches of snow per year.
