21 S Main St Norfolk, NY 13667
MULTI_FAMILY - Norfolk, NY
- Added:
- May 28, 2026
- Days on Market:
- 48
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 21 S Main St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4
- Parking features
- Garage, Driveway, Garage - Detached
- Exterior features
- Storage/out-building(s)
- Standard status
- Active
- APN
- 32.067-4-10
- Size
- 2,205 SF
Taxes and HOA fees
- Tax Annual Amount
- 2589
Utilities
- Utilities
- Cable Available
- Water source
- Public
Building Details
- Year built
- 1938
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl siding
- Roof type
- Metal
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Amanda Fiacco License #10491212047 (315) 261-9809
Listing office Fiacco Realty, LLC 6603 State Highway 56, Potsdam, NY (315) 854-7529
Listing date May 28, 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.
Investment Insights
Based on property information with market context.
Recent improvements include a new roof installed in 2021. The home also has a new boiler and domestic water heater installed in 2025, and the electricity has been updated to 200 amp. There is a hookup for a generator, and the generator is negotiable. Outside, the property includes a detached one-car garage, a paved driveway, and an insulated shed with a heater that needs a propane tank.
Designed for flexible occupancy, the property can suit an owner-occupant seeking rental income or a buyer looking to manage two separate units. With laundry areas in each apartment and multiple usable rooms, the interior configuration supports a range of household needs.
Key Highlights
- Two‑unit home built in 1938 with flexible layout for owner occupancy or rental use
- New roof installed in 2021; new boiler and domestic water heater installed in 2025
- 200 amp electricity update and generator hookup (generator negotiable)
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 | $20.4k | $9.24 |
| − Vacancy | −$4.3k | −$1.94 |
| EGI | $16.1k | $7.30 |
| − OpEx | −$4.8k | −$2.19 |
| NOI | $11.3k | $5.11 |
