Renovated Four-Unit Clinton Investment
55 Utica Street Clinton, NY 13323
55 Utica Street, Clinton, NY, 13323
$589,000
Pending
For Sale
$589,000
Pending
MULTI_FAMILY - Clinton, NY
Property Size2,746 SF
Lot Size0.88 Acres
Days on Market251
Property Features for 55 Utica Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 5, Bathroom 6, Basement, Bathroom 3, Bedroom 2, Bedroom 7, Bedroom 8, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 6, Bedroom 4
- Interior features
- NaturalWoodwork
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 304001-337-015-0002-054-000-0000
- Size
- 2,746 SF
- Lot size
- 0.88 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6575
Utilities
- Heating system
- Electric (Heating), Forced Air, Natural Gas
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Tile, Varies, Laminate, Hardwood
- Building materials
- WoodSiding, CopperPlumbing, PexPlumbing
Listing agency
Benn Realty
(315) 831-5061
Listed by
John P. McCann · License #10301211594
(315) 534-1925
Added: Nov 13, 2025 Updated: Jul 12 at 9:37AM Checked: Jul 22 at 1:06AM
MLS# S1650571
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 55 Utica Street in Clinton, NY, this two-building complex features four units and presents an investment opportunity in Central New York. Three of the four units have been renovated since 2021, and feature modern finishes and updated appliances. Each unit includes in-unit laundry. The property includes two 3-bedroom, 1 1/2-bath units and two 1-bedroom, 1-bath units. Situated in the Village of Clinton, the location provides access to the village green, local shops, restaurants, schools, and Hamilton College. The property is 2746 square feet in size and sits on a 0.8849-acre lot. This property is intended for multifamily ownership.
Key Highlights
- Two‑building, four‑unit complex at 55 Utica Street in the Village of Clinton, NY
- Three of the four units renovated since 2021 with updated finishes and appliances
- Each unit has in‑unit laundry
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.9k | $13.80 |
| − Vacancy | −$2.4k | −$0.86 |
| EGI | $35.5k | $12.94 |
| − OpEx | −$10.7k | −$3.88 |
| NOI | $24.9k | $9.06 |
2,746 SF · lease $13.80/SF/yr · vacancy 6.24% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$355.3K
$310.9K – $414.5K
NOI $24,871 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$326.6K
$285.7K – $381.0K
NOI $22,859 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$723.6K
$633.2K – $844.2K
NOI $50,654 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Turnkey four-unit property in Clinton, NY with recent renovations.
Where is this quadplex located?
The property is located at 55 Utica Street Clinton, NY.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Two‑building, four‑unit complex at 55 Utica Street in the Village of Clinton, NY; Three of the four units renovated since 2021 with updated finishes and appliances; Each unit has in‑unit laundry
