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3-Unit Triplex with Garage
New
For Sale
$149,900

5481 Elm St, Lowville, NY 13367

Two apartments are vacant, while a third remains occupied by a long-term tenant.

Property Size3,456 SF
Days on Market5

Property Features for 5481 Elm St

General Information

Standard status Active
Size 3,456 SF
Total Parking Spaces 1
Property subtype Multi Family

Property Condition

Severity Repairs Needed
Evidence opportunity to update

Units

Unit Mix 2 x 2BR/1BA, 1 x 3BR/1.5BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,583

Amenities

backyard

Building Details

Building Size 3,456 SF
Year Built 1920
Stories 2
Units 3
Listing Agency: Northern Beginnings Realty LLC
Listed By: Amanda Mattimore · License #10491212710
Source: Elliman
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 16 at 9:18AM

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 Northern Beginnings Realty LLC

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Investment Insights

Based on property information with market context.

Built in 1920, this three-unit property in Lowville has two vacant apartments and one unit occupied by a long-term tenant. The lower apartment has two bedrooms and a full bath. Upstairs, another two-bedroom apartment includes a living room, kitchen, full bath, and full attic access. The rear unit has a kitchen, living room, laundry area, full bath, three upstairs bedrooms, and a half bath. A detached oversized one-car garage and deep backyard complete the property.

Key Highlights

  • Three apartments; two are vacant and one has a long‑term tenant
  • Rear apartment includes three upstairs bedrooms and a half bath
  • Detached oversized one‑car garage

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Real Estate Agency Plumbing Service Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store

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

459
Businesses Nearby

Demographics for 13367, NY

8,678
Population
4,546
Households
1.9
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
463.7 sq mi
ZIP Area
19
Density / Sq Mi
$70,781
Median Household Income
$40,827
Median Earnings
$790
Median Rent
$170,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two apartments are vacant, while a third remains occupied by a long-term tenant.
Where is this triplex located?
The property is located at 5481 Elm St Lowville, NY.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Three apartments; two are vacant and one has a long‑term tenant; Rear apartment includes three upstairs bedrooms and a half bath; Detached oversized one‑car garage
More about this property
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