Fully Rented
New
For Sale
$169,000
200 Margaret Street, Plattsburgh, NY 12901
MULTI_FAMILY - Other - Plattsburgh, NY
Property Size1,256 SF
Price / SF$134.55
Days on Market5
Property Features for 200 Margaret Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
3
Window features
Vinyl Frames
Basement
Partial
Appliances
Range, Refrigerator
Lot features
Back Yard, City Lot, Cleared, Front Yard, Level
Elementary school district
Plattsburgh
Middle school district
Plattsburgh
High school district
Plattsburgh
Directions
Just North of Elm Street on the right.
Subdivision
City of Plattsburgh
Standard status
Active
APN
207.16-1-44
Size
1,256 SF
Taxes and HOA fees
Tax Annual Amount
4727
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Amenities
enclosed porch
washer & dryer hook up
Building Details
Year built
1876
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Vinyl Siding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
REMAX North Country
(518) 563-1200
Listed By:
Kathy Bennett · License #30BEC514887
(518) 569-5959
Added: Jul 31
Changed: Aug 3
Last Checked: Aug 4 at 10:06PM
MLS# 208035
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.
Investment Insights
Based on property information with market context.
This 1,256-square-foot duplex contains two residential apartments with long-term, month-to-month occupants. The main-floor unit offers two bedrooms, one bathroom, a kitchen with washer and dryer hookups, and an enclosed porch. The upper apartment has one bedroom. Each residence includes a range and refrigerator, with vinyl flooring and electric heat throughout the property.
Dedicated off-street parking serves the building, which is within walking distance of downtown. Public water and public sewer support the property. Exterior improvements include replacement siding and windows completed in 2016, along with a roof replacement in 2024. The building dates to 1876 and is situated on Margaret Street in Plattsburgh.
Dedicated off-street parking serves the building, which is within walking distance of downtown. Public water and public sewer support the property. Exterior improvements include replacement siding and windows completed in 2016, along with a roof replacement in 2024. The building dates to 1876 and is situated on Margaret Street in Plattsburgh.
Key Highlights
- Two‑apartment duplex totaling 1,256 square feet
- Main‑floor unit includes 2 bedrooms, 1 bathroom, kitchen hookups, and an enclosed porch
- Upper apartment provides 1 bedroom
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 | $16.6k | $13.20 |
| − Vacancy | −$1.3k | −$1.00 |
| EGI | $15.3k | $12.20 |
| − OpEx | −$4.6k | −$3.66 |
| NOI | $10.7k | $8.54 |
1,256 SF · lease $13.20/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$153.2K
$134.0K – $178.7K
NOI $10,723 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$136.2K
$119.2K – $158.9K
NOI $9,533 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$346.2K
$303.0K – $403.9K
NOI $24,236 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,158
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-apartment property with dedicated off-street parking and updated siding, windows, and roofing.
Where is this duplex located?
The property is located at 200 Margaret Street Plattsburgh, NY.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Two‑apartment duplex totaling 1,256 square feet; Main‑floor unit includes 2 bedrooms, 1 bathroom, kitchen hookups, and an enclosed porch; Upper apartment provides 1 bedroom
