38 E Main Street, Canton, NY 13617
- Added:
- Jul 4, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 5 at 5:06 am
Property Features for 38 E Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 6, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 5
- Parking
- 4
- Patio and Porch features
- Porch
- Exterior features
- Covered porch, Outdoor lights, Storage/out-building(s)
- Standard status
- Active
- APN
- 88.043-5-3
- Size
- 3,032 SF
Taxes and HOA fees
- Tax Annual Amount
- 7490
Utilities
- Utilities
- Cable Available
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Vinyl, Hardwood
- Building materials
- Wood siding
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Gail C Abplanalp License #30AB0995647 (315) 854-4293
Listing office Grasse River Real Estate, LLC 4 E Main St., Canton, NY (315) 386-4521
Listing date Jul 4, 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
- Four‑unit apartment building built in 1960
- Unit mix includes two efficiency apartments and two two‑bedroom apartments
- Off‑street parking available
- Covered porch and outdoor lights
- Wood siding exterior with storage/out‑building(s)
- Utilities: cable available; water source: public
Overview
Located at 38 E Main Street in Canton, NY 13617, the building is described as being close to the village, schools, and local amenities. Its central setting supports day-to-day accessibility for prospective tenants.
With two efficiencies and two larger two-bedroom units, the layout can appeal to a range of household types, from smaller rentals to tenants seeking additional space. The off-street parking is a practical feature for day-to-day living. This property may be a good fit for an investor building a small portfolio or for a buyer looking to acquire an entry-level residential income asset with multiple rental units in one building.
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 | $28.0k | $9.24 |
| − Vacancy | −$5.9k | −$1.94 |
| EGI | $22.1k | $7.30 |
| − OpEx | −$6.6k | −$2.19 |
| NOI | $15.5k | $5.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- St. Lawrence
- State
- New York
- Longitude
- -75.162797
- Latitude
- 44.595801
