Spacious Colonial in Great
29 Park St, Canton, NY 13617
New
2 Story,Colonial,Colonial, RESIDENTIAL - Canton, NY
Property size:
2,778 SFPrice / SF:
$85/SF- Added:
- May 14, 2026
- Days on Market:
- 4
- Last Refresh:
- May 17 at 12:06 am
Property Features for 29 Park St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Mixed
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room
- Parking features
- Driveway, Paved or Surfaced
- Patio and Porch features
- Patio
- Interior features
- Modern Kitchen
- Exterior features
- Patio, Fenced
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- Dishwasher, Refrigerator, Washer
- Standard status
- Active
- APN
- 88.043-2-23.1
- Size
- 2,778 SF
Taxes and HOA fees
- Tax Annual Amount
- 9117.39
Utilities
- Heating system
- Fireplace(s), Forced Air, Natural Gas
Building Details
- Year built
- 1825
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Wood
- Roof type
- Shingle
- Architectural style
- Colonial
Listing agent Patricia M Collins License #10301220428 (315) 322-1235
Listing office Grasse River Real Estate, LLC 4 East Main St., Canton, NY (315) 386-4521
Listing date May 14, 2026
MLS# 52741
Listing URL
Copyright © 2026 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.
HighLights
- Prime village location: Walking distance to St. Lawrence University, Main St., Canton schools, and SUNY Canton.
- Dual‑unit colonial with income potential: Options for renting both units, living in one and renting the other, or using for office space/family.
- Updated kitchens in both units.
- Recent major upgrades: New roof, gutter system, 2 furnaces, and 2 hot water heaters (3 years ago).
- Large backyard with potential to increase parking or sell part of the yard.
- Current rental income: $3200 per month.
Overview
This spacious two-story colonial property is located in a desirable village setting, within easy walking distance of St. Lawrence University, Main Street businesses, eateries, Canton schools, and SUNY Canton. The property offers multiple potential uses, including living in one unit and renting the other, renting both units, using one unit as an office and living in or renting the other, accommodating a family member in one unit while living in the other, or operating as an Air B&B. The property features a large backyard with the potential to increase parking space or sell a portion of the yard. Both units have well-designed floorplans with large living and dining rooms and updated kitchens. The property includes a new roof, gutter system, and two furnaces and hot water systems installed three years ago. The property offers a unique and worthwhile investment opportunity. The property size is 2778 square feet. The zoning is mixed. The current rent is $3200 per month, with the owner covering water/sewer, yard care, and trash removal.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$157.7K
NOI $14,195 @ 9.00% cap · cautious / downside scenario
Moderate
$202.8K
NOI $14,195 @ 7.00% cap · market / base-case scenario
Aggressive
$283.9K
NOI $14,195 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.7k | $9.24 |
| − Vacancy | −$5.4k | −$1.94 |
| EGI | $20.3k | $7.30 |
| − OpEx | −$6.1k | −$2.19 |
| NOI | $14.2k | $5.11 |
2,778 SF · lease $9.24/SF/yr · vacancy 21.00% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$202.8K
$177.4K – $236.6K
NOI $14,195 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$185.7K
$162.5K – $216.6K
NOI $12,997 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$689.2K
$603.1K – $804.1K
NOI $48,244 @ 7.0% cap · market cap 20.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- St. Lawrence
- State
- New York
- Longitude
- -75.1679496
- Latitude
- 44.5941976
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit colonial near universities and downtown with income potential.
Where is this duplex located?
The property is located at 29 Park St Canton, NY.
What is the asking price?
The asking price for this property is $238,000.
What are key features of this property?
This property features: Prime village location: Walking distance to St. Lawrence University, Main St., Canton schools, and SUNY Canton.; Dual‑unit colonial with income potential: Options for renting both units, living in one and renting the other, or using for office space/family.; Updated kitchens in both units.
