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Three-Unit Residential Income Property
For Sale
$66,500
Pending

31 W Main St, Norfolk, NY 13667

MULTI_FAMILY - Norfolk, NY

Property Size2,709 SF
Days on Market515

Property Features for 31 W Main St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 3, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 7, Bedroom 4
Parking 4
Parking features Driveway
Patio and Porch features Porch
Exterior features Covered porch
Lot features Irregular
Directions From Potsdam head east toward NY-56, then turn left on NY-56, then a left on W Main St. House is on the left.
Subdivision ST LAWRENCE
Standard status Pending
APN 32.058-3-24.1, 3-16, 3-15
Size 2,709 SF

Taxes and HOA fees

Tax Annual Amount 3038

Utilities

Utilities Cable Available
Water source Public

Building Details

Year built 1940
Floors in Building 2
Number of units 3
Flooring type Vinyl, Laminate, Hardwood, Carpet
Building materials Aluminum siding
Roof type Metal
Architectural style Other
Listing Agency: Palmer Realty
Listed By: Kari Hazelton · License #10401371522
Added: Apr 3, 2025 Changed: Jul 18 Last Checked: Aug 30 at 7:06AM
MLS# 51068

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.

This three-unit residential income property includes two two-bedroom units and one three-bedroom unit. Unit 1 offers two bedrooms and one bathroom with new laminate flooring, spacious bedrooms, a mudroom, and a washer and dryer. Unit 2 also has two bedrooms and one bath with new laminate flooring, newly updated kitchen cabinets and countertops, a Rinnai gas heater, a newly remodeled full bathroom, and a stackable washer and dryer. Unit 3 provides three bedrooms and a newly remodeled 1 1/2-bath layout with new laminate flooring, refinished hardwood floors, and a laundry area with hookups for a washer and dryer. All apartments have separate electric, water, and gas meters.

The property is located at 31 W Main St in Norfolk, New York (St. Lawrence County). It provides parking for tenants with four parking spaces on site.

For buyers or operators looking for a compact rental portfolio, the configuration supports three distinct leases with separate utility metering and in-unit laundry capability in each unit. Recent interior updates across all units, combined with dedicated tenant parking, can help make the property easier to maintain and lease.

Key Highlights

  • Rental setup with two 2‑bedroom units and one 3‑bedroom unit
  • All apartments have separate electric, water, and gas meters
  • Unit 1: new laminate flooring, mudroom, and washer/dryer

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Restaurant Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby

Demographics for 13667, NY

3,217
Population
1,597
Households
2
Avg Household Size
44
Median Age
12%
College-Educated
83%
High-School Grad
47.0 sq mi
ZIP Area
68
Density / Sq Mi
$57,114
Median Household Income
$41,341
Median Earnings
$790
Median Rent
$111,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate rentals with in-unit laundry, updated finishes, and individual utilities plus tenant parking.
Where is this triplex located?
The property is located at 31 W Main St Norfolk, NY.
What is the asking price?
The asking price for this property is $66,500.
What are key features of this property?
This property features: Rental setup with two 2‑bedroom units and one 3‑bedroom unit; All apartments have separate electric, water, and gas meters; Unit 1: new laminate flooring, mudroom, and washer/dryer
More about this property
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