Two-Building Four-Unit
55 Utica St Clinton, NY 13323
55 Utica St, Clinton, NY, 13323
$589,000
Pending
For Sale
$589,000
Pending
Four units across two buildings, with in-unit laundry and three units renovated since 2021.
Property Size2,746 SF
Days on Market310
Property Features for 55 Utica St
General Information
- Standard status
- Pending
- Size
- 2,746 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing agency
Benn Realty
(315) 831-5061
Listed by
John McCann · License #10301211594
(315) 831-5061
Source
Xome
Added: Sep 15, 2025 Updated: Jul 20 at 10:55PM Checked: Jul 21 at 3:02AM
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 Benn Realty
Investment Insights
Based on property information with market context.
55 Utica St in the Village of Clinton, NY is a two-building, four-unit multifamily property with an apartment mix designed for broad rental appeal. The complex includes two 3-bedroom, 1½-bath units and two 1-bedroom, 1-bath units. Each unit provides in-unit laundry, offering a practical, renter-friendly feature. According to the current information, three of the four units have been completely renovated since 2021 with modern finishes and updated appliances.
The property is situated in the Village of Clinton, where residents have access to the village green and local shops and restaurants, along with schools and Hamilton College.
Overall, the layout combines larger and smaller unit sizes within a compact, four-unit structure, supported by recent renovation work in most of the apartments.
The property is situated in the Village of Clinton, where residents have access to the village green and local shops and restaurants, along with schools and Hamilton College.
Overall, the layout combines larger and smaller unit sizes within a compact, four-unit structure, supported by recent renovation work in most of the apartments.
Key Highlights
- Two‑building, four‑unit multifamily complex at 55 Utica Street in the Village of Clinton
- Unit mix includes two 3‑bedroom, 1.5‑bath units and two 1‑bedroom, 1‑bath units
- In‑unit laundry included in each unit
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 | $37.9k | $13.80 |
| − Vacancy | −$2.4k | −$0.86 |
| EGI | $35.5k | $12.94 |
| − OpEx | −$10.7k | −$3.88 |
| NOI | $24.9k | $9.06 |
2,746 SF · lease $13.80/SF/yr · vacancy 6.24% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$355.3K
$310.9K – $414.5K
NOI $24,871 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$326.6K
$285.7K – $381.0K
NOI $22,859 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$723.6K
$633.2K – $844.2K
NOI $50,654 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four units across two buildings, with in-unit laundry and three units renovated since 2021.
Where is this quadplex located?
The property is located at 55 Utica St Clinton, NY.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Two‑building, four‑unit multifamily complex at 55 Utica Street in the Village of Clinton; Unit mix includes two 3‑bedroom, 1.5‑bath units and two 1‑bedroom, 1‑bath units; In‑unit laundry included in each unit
