221-231 State Street
Description
-10 one-bedroom apartments, 2 two-bedroom apartments, 4 studio apartments, an on-site laundry room and 4 commercial storefronts...Listing is also under commercial S1576333. 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!
- Listed by Apryl Paul • Fresh Start Real Estate & Property ManagementP: (315)-748-3106 C: (315)-748-3106 freshstartrealestate15@gmail.com
Property Details for 221-231 State Street
Property Details for 221-231 State Street
| Status | Active |
|---|---|
| MLS # | S1578457 |
| Days on Market | 11 |
| Taxes | $11,923 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family / Commercial |
| Year Built | 1905 |
| Lot Size | 0.17 AC / 7,275 SF |
| County | Jefferson County |
Building Information for 221-231 State Street
Property Information for 221-231 State Street
- Elementary School District: Watertown
- High School District: Watertown
- Middle Or Junior School District: Watertown
- Village: Not Applicable
- Human YN: Yes
- Garage Spaces per Apt: .00
- Garage YN: No
- Area NYSWIS Code: Watertown-City-221800
- Tax Annual Amount: $11,923.00
- Virtual Tour URL: https://www.propertypanorama.com/instaview/syr/S1578457
- Building Area Source: Public Records
- Building Area Total: 22222.0
- Land Features: Rectangular
- Num Of Acres: 0.167
- Lot Size Area: 0.167
- Lot Size Square Feet: 7275.0
- Lot Size Units: Acres
- Parcel Number: 221800-006-000-0001-411-000-0000
- Road Frontage: Main Thoroughfare
- Lot Number: 411
- Property Condition: Resale
- Senior Community YN: No
- Assessed Value: $429,300
- Year Built: 1905
- Year Built Description: Existing
- Property Sub Type Additional: Commercial
- Num Of Electric Meters: 5
- Num Of Gas Meters: 1
- Sewer Description: Connected
- Utilities Available: Cable Available, Sewer Connected, Water Connected
- Water Supply: Connected, Public
- Community Features: Laundry Facilities
- Construction Materials: Brick
- Exterior Features: Awnings
- Roof Description: Membrane, Rubber
- Security Features: Fire Escape, Security Service
- Appliances: Exhaust Fan, Electric Oven, Electric Range, Freezer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood
- Basement Description: Full
- Basement YN: Yes
- Num Of Possible Bedrooms: 12
- Num Fireplaces Total Calculated: 0
- Fireplace YN: No
- Floor Description: Hardwood, Laminate, Luxury Vinyl, Tile, Varies
- Heating: Gas, Radiant
- Heating YN: Yes
- Laundry Features: Common Area, Coin Operated
- Sq Ft Total: 22222.0
- Main Level Bathrooms: 0
- Number Of Units Total: 16
- Operating Expense Includes: Insurance, Maintenance, Professional Management, Snow Removal, Trash, Utilities
- Stories: 3
- Stories Total: 3
- Rent Includes: All Utilities
- Lease Amount Per Area Unit: Dollars Per Square Foot
Property History for 221-231 State Street
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 221-231 State Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 4 | |||
| Public - | 5 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Knickerbocker School PublicK to 4 | ||
Harold T Wiley School Public5 to 6 | ||
Case Middle School Public7 to 8 | ||
Watertown Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Fresh Start Real Estate & Property Management
Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
