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Three-Unit Residential Property
For Sale
$325,000
Pending

12 Lozier Place, Plattsburgh, NY 12901

Residential Income, Plattsburgh, NY

Property Size2,104 SF
Days on Market70

Property Features for 12 Lozier Place

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking features Driveway
Elementary school district Plattsburgh
Middle school district Plattsburgh
High school district Plattsburgh
Directions head north on oak st, then take right on to riley ave, and then left on to lozier pl. home is located on the right
Subdivision City of Plattsburgh
Standard status Pending
APN 207.11-3-31
Size 2,104 SF

Taxes and HOA fees

Tax Annual Amount 6932

Utilities

Heating system Electric (Heating), Baseboard
Water source Public

Building Details

Year built 1911
Floors in Building 2
Architectural style Other
Listing Agency: Kavanaugh Realty-Plattsburgh
Listed By: Michael Rowe
Added: Aug 14 Changed: Oct 8 Last Checked: Oct 22 at 6:06PM
MLS# 208150

Copyright © 2026 Adirondack Champlain Valley MLS. 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 2,104-square-foot triplex contains one two-bedroom unit and two one-bedroom units within a residential income property in Plattsburgh. The building dates to 1911 and is served by electric baseboard heat, a driveway, and public water. The unit mix offers three separate residential spaces within one property.

The property is situated on Lozier Place in the City of Plattsburgh, near downtown, shopping, dining, and other city amenities. Its location supports convenient access to the surrounding urban services while retaining a residential setting.

Key Highlights

  • Three‑unit building with one 2‑bedroom unit and two 1‑bedroom units
  • 2,104 square feet of residential space
  • Built in 1911

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,963
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,260 $359.3K
Cap Rate 7%
$256,614 $256.6K
Cap Rate 9%
$199,589 $199.6K
Market Conditions
NOI Build-Up for 2,104 SF
Gross rent
$27.8K $13.20/SF
− Vacancy
−$2.1K −$1.00/SF
EGI
$25.7K $12.20/SF
− OpEx
−$7.7K −$3.66/SF
NOI
$18.0K $8.54/SF
Area
Clinton County, NY
Vacancy
7.60%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,260
Cap Rate 7%
$256,614
Cap Rate 9%
$199,589

Alternative Uses

Best Use
Multifamily LT 5
$256.6K
$224.5K – $299.4K (±1% cap)
NOI $17,963 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$228.1K
$199.6K – $266.2K (±1% cap)
NOI $15,969 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$580.0K
$507.5K – $676.7K (±1% cap)
NOI $40,599 @ 7.0% cap · market cap 12.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

493
Businesses Nearby

Demographics for 12901, NY

32,147
Population
15,426
Households
2.1
Avg Household Size
38
Median Age
33%
College-Educated
89%
High-School Grad
70.6 sq mi
ZIP Area
455
Density / Sq Mi
$59,413
Median Household Income
$35,385
Median Earnings
$957
Median Rent
$182,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Includes one two-bedroom residence and two one-bedroom residences for flexible rental or owner-occupant use.
Where is this triplex located?
The property is located at 12 Lozier Place Plattsburgh, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three‑unit building with one 2‑bedroom unit and two 1‑bedroom units; 2,104 square feet of residential space; Built in 1911
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