Great investment opportunity in the City of Watertown! This well-kept two-unit home offers strong rental history and excellent cash flow. The first-floor apartment is currently occupied, providing immediate rental income, while the upstairs unit is vacant and ready for immediate occupancy—ideal for VA or FHA buyers looking to live in one unit while renting the other. The spacious lower unit includes three bedrooms, a full bath, large living room, and formal dining room. Extensive updates were completed in 2022, including new carpet and vinyl flooring, appliances, windows, kitchen countertop and cabinet, backsplash, lighting, and bathroom fixtures. The upper unit features a bright two-bedroom layout with a full bath. Gorgeous hardwood floors highlight the living/dining area, complete with a charming built-in corner cabinet and abundant natural light. The bedroom offers great space and a large closet. Located close to downtown and only 15 minutes to Fort Drum, this property has been carefully maintained by the owner. The full basement includes two washer/dryer hookups, separate furnaces, hot water tanks, and electric meters. A full attic offers additional storage. A fantastic chance to own an income-producing property with an available unit—don’t miss it!