3-Unit Apartment
New
For Sale
$199,000
13 Walnut St., Potsdam, NY 13676
MULTIFAMILY, Potsdam, NY
Property Size2,965 SF
Price / SF$67.12
Days on Market5
Property Features for 13 Walnut St.
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 5, Bedroom 7, Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Parking features
Garage
Patio and Porch features
Deck, Porch
Exterior features
Covered porch, Deck, Storage/out-building(s)
Lot features
Level lot, Public Road
Directions
13 Walnut in Potsdam - on your right after turning onto Walnut from Market St.
Subdivision
ST LAWRENCE
Standard status
Active
APN
64.050-3-27
Size
2,965 SF
Taxes and HOA fees
Tax Annual Amount
71433
Utilities
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
3
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
Nikki Coates & Associates LLC
Listed By:
Nikki Coates
(315) 265-4303
Added: Oct 21
Changed: Oct 22
Last Checked: Oct 25 at 11:06AM
MLS# 53546
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,965-square-foot triplex in Potsdam contains three apartments: one with 1 bedroom, one with 2 bedrooms, and one with 4 bedrooms. The 1-bedroom unit has been recently renovated. Each apartment has its own heating system, and tenants pay the utilities. A covered porch, deck, and storage building add to the property’s features; a garage provides additional storage and parking.
Key Highlights
- Three apartments with 1‑bedroom, 2‑bedroom, and 4‑bedroom layouts
- Recently renovated 1‑bedroom apartment
- Separate heating in each unit; tenants pay utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,150
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$303,000
$303.0K
Cap Rate 7%
$216,429
$216.4K
Cap Rate 9%
$168,333
$168.3K
Market Conditions
NOI Build-Up for 2,965 SF
Gross rent
$27.4K $9.24/SF
− Vacancy
−$5.8K −$1.94/SF
EGI
$21.6K $7.30/SF
− OpEx
−$6.5K −$2.19/SF
NOI
$15.2K $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%
$303,000
Cap Rate 7%
$216,429
Cap Rate 9%
$168,333
Alternative Uses
Best Use
Multifamily LT 5
$216.4K
$189.4K – $252.5K
NOI $15,150 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$198.2K
$173.4K – $231.2K
NOI $13,872 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$735.6K
$643.6K – $858.2K
NOI $51,491 @ 7.0% cap · market cap 25.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
722
Businesses Nearby
Explore this area
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
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
Frequently Asked Questions
What type of property is this?
Triplex - Separate heating systems serve each apartment, and residents cover their own utilities.
Where is this triplex located?
The property is located at 13 Walnut St. Potsdam, NY.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Three apartments with 1‑bedroom, 2‑bedroom, and 4‑bedroom layouts; Recently renovated 1‑bedroom apartment; Separate heating in each unit; tenants pay utilities
