Updated Two-Unit
12 Hamilton Street, Potsdam, NY 13676
For Sale
$179,000
MULTIFAMILY, 2 Story, Two family, Potsdam, NY
Property Size2,628 SF
Price / SF$68.11
Days on Market48
Property Features for 12 Hamilton Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Patio and Porch features
Exterior features
Fencing
Directions
Subdivision
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Utilities
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Plumley Real Estate LLC
(315) 265-6720
Listed By:
Beth Reasoner · License #10401362182
(315) 276-5668
Added: Sep 21
Changed: Oct 27
Last Checked: Nov 7 at 6:06PM
MLS# 53430
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.
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Investment Insights
Based on property information with market context.
This approximately 2,628-square-foot duplex contains two three-bedroom units in a two-story residential property built in 1900. Interior features include mostly hardwood flooring, vinyl plank flooring in the bathrooms, a dining room with tall wainscoting and chair rail, and a bay window. The upper residence has a kitchen updated in 2016 and a bathroom renovated in 2024, while most windows have been replaced.
Major property work includes a metal roof installed in 2018, foundation repointing and an exterior French drain completed in 2021, plus a new furnace and water heater added in 2025. The basement includes two sump pumps and an outside entrance. Vinyl siding, a covered front porch, chain-link fencing, public water, and a two-car, two-story garage add to the property’s physical features. The duplex is near Clarkson University, SUNY Potsdam, downtown Potsdam, local parks, and grocery options, and is rented through the end of May 2027.
Major property work includes a metal roof installed in 2018, foundation repointing and an exterior French drain completed in 2021, plus a new furnace and water heater added in 2025. The basement includes two sump pumps and an outside entrance. Vinyl siding, a covered front porch, chain-link fencing, public water, and a two-car, two-story garage add to the property’s physical features. The duplex is near Clarkson University, SUNY Potsdam, downtown Potsdam, local parks, and grocery options, and is rented through the end of May 2027.
Key Highlights
- Approximately 2,628 square feet with two three‑bedroom units
- Two‑car, two‑story garage plus basement storage and outside entrance
- Metal roof installed in 2018
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,428
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,560
$268.6K
Cap Rate 7%
$191,829
$191.8K
Cap Rate 9%
$149,200
$149.2K
Market Conditions
NOI Build-Up for 2,628 SF
Gross rent
$24.3K $9.24/SF
− Vacancy
−$5.1K −$1.94/SF
EGI
$19.2K $7.30/SF
− OpEx
−$5.8K −$2.19/SF
NOI
$13.4K $5.11/SF
Area
St. Lawrence County, NY
Vacancy
21.00%
Lease Rate
$9.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,560
Cap Rate 7%
$191,829
Cap Rate 9%
$149,200
Alternative Uses
Best Use
Multifamily LT 5
$191.8K
$167.9K – $223.8K
NOI $13,428 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$175.7K
$153.7K – $204.9K
NOI $12,296 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$652.0K
$570.5K – $760.7K
NOI $45,639 @ 7.0% cap · market cap 25.50%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
662
Businesses Nearby
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Business Placement
Demographics for 13676, NY
13,211
Population
5,955
Households
2.2
Avg Household Size
32
Median Age
40%
College-Educated
94%
High-School Grad
159.7 sq mi
ZIP Area
83
Density / Sq Mi
$56,900
Median Household Income
$28,147
Median Earnings
$868
Median Rent
$148,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in St. Lawrence County, NY
Properties on Market for Duplexes in St. Lawrence County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two spacious three-bedroom residences with substantial recent improvements, private entrances, garage storage, and a partially fenced yard.
Where is this duplex located?
The property is located at 12 Hamilton Street Potsdam, NY.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Approximately 2,628 square feet with two three‑bedroom units; Two‑car, two‑story garage plus basement storage and outside entrance; Metal roof installed in 2018
