3-Unit Triplex with Private Outdoor
For Sale
$209,000
415 N Clinton Street, Carthage, NY 13619
The unit mix includes two two-bedroom apartments and one one-bedroom apartment, with separate utilities for each residence.
Property Size2,132 SF
Price / SF$98.03
Days on Market179
Property Features for 415 N Clinton Street
General Information
Standard status
Active
Size
2,132 SF
Total Parking Spaces
2
Property subtype
Multi Family Home
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$3,959
Amenities
screened porch/balcony
common screen porch
fully fenced yard
on-site coin laundry
storage room
Attic
Ceiling Fan(s)
Other
See Remarks
Storage
Window Treatments
Balcony
Deck
Fully Fenced
Porch
Private Yard
Building Details
Building Size
2,132 SF
Year Built
1920
Stories
3
Units
3
Listing Agency:
Bridgeview Real Estate
(315) 782-9292
Listed By:
Kathy L Woolf · License #10301224575
(315) 405-8131
Source:
Garlockrealty
Added: Apr 30
Changed: Oct 24
Last Checked: Oct 23 at 5:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bridgeview Real Estate
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Investment Insights
Based on property information with market context.
Built in 1920, this 2,132-square-foot triplex contains three apartments: two with two bedrooms and one bathroom, plus a third-floor unit with one bedroom and one bathroom. Each residence has private outdoor space in the form of a screened porch or balcony; residents also share a screened porch. Unit 1 and Unit 2 are currently rented.
The property includes a two-car garage, a fenced yard, and basement coin-operated laundry. Unit 2 also has private laundry hookups. Every apartment has a dedicated storage room, located either within or outside the unit. The property is at 415 N Clinton Street in Carthage, minutes from the Fort Drum gates and near hospitals, schools, and shopping.
The property includes a two-car garage, a fenced yard, and basement coin-operated laundry. Unit 2 also has private laundry hookups. Every apartment has a dedicated storage room, located either within or outside the unit. The property is at 415 N Clinton Street in Carthage, minutes from the Fort Drum gates and near hospitals, schools, and shopping.
Key Highlights
- Three apartments totaling 2,132 square feet; two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
- Each unit has a private screened porch or balcony; shared screened porch also on site
- Two‑car garage, currently rented by Unit 2
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,554
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,080
$351.1K
Cap Rate 7%
$250,771
$250.8K
Cap Rate 9%
$195,044
$195.0K
Market Conditions
NOI Build-Up for 2,132 SF
Gross rent
$26.9K $12.60/SF
− Vacancy
−$1.8K −$0.84/SF
EGI
$25.1K $11.76/SF
− OpEx
−$7.5K −$3.53/SF
NOI
$17.6K $8.23/SF
Area
Jefferson County, NY
Vacancy
6.65%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,080
Cap Rate 7%
$250,771
Cap Rate 9%
$195,044
Alternative Uses
Best Use
Multifamily LT 5
$250.8K
$219.4K – $292.6K
NOI $17,554 @ 7.0% cap · market cap 8.40%
Second Best
Apartment 5plus
$224.3K
$196.3K – $261.7K
NOI $15,703 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$587.7K
$514.2K – $685.7K
NOI $41,139 @ 7.0% cap · market cap 19.68%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
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Business Placement
Demographics for 13619, NY
10,600
Population
4,649
Households
2.3
Avg Household Size
38
Median Age
19%
College-Educated
87%
High-School Grad
112.7 sq mi
ZIP Area
94
Density / Sq Mi
$63,549
Median Household Income
$44,792
Median Earnings
$984
Median Rent
$171,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The unit mix includes two two-bedroom apartments and one one-bedroom apartment, with separate utilities for each residence.
Where is this triplex located?
The property is located at 415 N Clinton Street Carthage, NY.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: Three apartments totaling 2,132 square feet; two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Each unit has a private screened porch or balcony; shared screened porch also on site; Two‑car garage, currently rented by Unit 2
