4-Unit Multifamily
4 Garden Street, Potsdam, NY 13676
For Sale
$158,000
MULTIFAMILY, 2 Story, Potsdam, NY
Property Size1,616 SF
Price / SF$97.77
Days on Market243
Property Features for 4 Garden Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Exterior features
Directions
Subdivision
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Water source
Amenities
off-street parking
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
County Seat Realty
(315) 386-5400
Listed By:
Doreen L Radway · License #10401254330
(315) 212-5629
Added: Mar 10
Changed: Oct 27
Last Checked: Nov 7 at 6:06PM
MLS# 52414
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.
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Investment Insights
Based on property information with market context.
This four-unit multifamily property comprises two buildings on a single lot and totals 1,616 square feet. Built in 1904, the improvements have cedar/redwood siding and a metal roof. A covered porch and driveway parking serve the property. Three units are occupied; the fourth has been updated, and the apartments have received interior paint and cleaning. Flooring in the rear apartment has also been replaced.
The property is in Potsdam, near downtown, a hospital, and schools. Public water serves the site.
The property is in Potsdam, near downtown, a hospital, and schools. Public water serves the site.
Key Highlights
- Two buildings on one lot with four residential units
- 1,616 square feet; built in 1904
- Three units occupied; the fourth has been updated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,561
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$151,220
$151.2K
Cap Rate 7%
$108,014
$108.0K
Cap Rate 9%
$84,011
$84.0K
Market Conditions
NOI Build-Up for 1,616 SF
Gross rent
$17.6K $10.92/SF
− Vacancy
−$3.9K −$2.41/SF
EGI
$13.7K $8.51/SF
− OpEx
−$6.2K −$3.83/SF
NOI
$7.6K $4.68/SF
Area
St. Lawrence County, NY
Vacancy
22.10%
Lease Rate
$10.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$151,220
Cap Rate 7%
$108,014
Cap Rate 9%
$84,011
Alternative Uses
Best Use
Apartment 5plus
$108.0K
$94.5K – $126.0K
NOI $7,561 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$400.9K
$350.8K – $467.7K
NOI $28,064 @ 7.0% cap · market cap 17.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
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Business Placement
Demographics for 13676, NY
13,211
Population
5,955
Households
2.2
Avg Household Size
32
Median Age
40%
College-Educated
94%
High-School Grad
159.7 sq mi
ZIP Area
83
Density / Sq Mi
$56,900
Median Household Income
$28,147
Median Earnings
$868
Median Rent
$148,800
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in St. Lawrence County, NY
Properties on Market for Multifamily properties in St. Lawrence County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two buildings on one parcel offer four residential units, with driveway parking and a covered porch.
Where is this multifamily property located?
The property is located at 4 Garden Street Potsdam, NY.
What is the asking price?
The asking price for this property is $158,000.
What are key features of this property?
This property features: Two buildings on one lot with four residential units; 1,616 square feet; built in 1904; Three units occupied; the fourth has been updated
