2047 River Rd., Potsdam, NY 13676
- Added:
- Jul 8, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 8 at 11:06 pm
Property Features for 2047 River Rd.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 6
- Parking features
- Garage
- Patio and Porch features
- Porch
- Exterior features
- Covered porch
- Standard status
- Active
- APN
- 91.001-5-29
- Size
- 2,739 SF
Utilities
- Water source
- Well
Building Details
- Year built
- 1850
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Frame exterior, Wood siding
- Roof type
- Metal
Listing agent Nikki Coates License #10491202119 (315) 265-4303
Listing office Nikki Coates & Associates LLC 30 Main St., Potsdam, NY (315) 265-4303
Listing date Jul 8, 2026
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.
HighLights
- 2‑family home built in 1850 with frame exterior and wood siding
- Metal roof plus updates noted to kitchens, mechanical systems, and roof
- Well water source and separate porches for both units
- Unit mix: one 2‑bedroom, 1 apartment with a large bath and laundry; second unit has 4 bedrooms and 2 full baths
- Parking includes a garage, with plentiful parking and a deep lot
- Exterior includes a covered porch
Overview
The property is located at 2047 River Rd. in Potsdam, NY, within the Potsdam school district. The remarks also note proximity to Postwood Park and the beach.
The layout supports a range of residential income and owner-occupant options, with a smaller and a larger unit configuration under one roof. For buyers evaluating the property for future improvements, the remarks indicate consideration of restoration work. Please note the listing states there is a waiting period for a new assessment following subdivision.
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 | $25.3k | $9.24 |
| − Vacancy | −$5.3k | −$1.94 |
| EGI | $20.0k | $7.30 |
| − OpEx | −$6.0k | −$2.19 |
| NOI | $14.0k | $5.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Potsdam
- County
- St. Lawrence
- State
- New York
- Longitude
- -74.9620416
- Latitude
- 44.6068801
