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Duplex with Separate Utilities
For Sale
$199,000

6 Broad St, Potsdam, NY 13676

MULTIFAMILY, Two family, Potsdam, NY

Property Size2,600 SF
Price / SF$76.54
Days on Market47

Property Features for 6 Broad St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 7, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 8, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 5, Bedroom 3
Interior features Sprinkler System
Directions Turning onto Leroy Street from Route 11, Broad St is the first left. The house will be on the right.
Subdivision ST LAWRENCE
Standard status Active
APN 64.059-4-18
Size 2,600 SF

Taxes and HOA fees

Tax Annual Amount 5907

Utilities

Utilities Cable Available
Water source Public

Amenities

shared laundry
off-street parking

Building Details

Year built 1910
Floors in Building 3
Number of units 2
Flooring type Vinyl, Laminate
Building materials Wood siding
Roof type Shingle
Architectural style Other
Listing Agency: Frazer Real Estate LLC
Listed By: Lindsey Frazer · License #10301223927
Added: Aug 22 Changed: Sep 17 Last Checked: Oct 7 at 1:06AM
MLS# 53273

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.

Investment Insights

Based on property information with market context.

This 2,600-square-foot duplex contains two separate residences: a three-bedroom, one-bath unit on the first floor and a five-bedroom, two-bath unit arranged across the upper two levels. The first-floor residence features a remodeled kitchen, updated flooring, and portions of original hardwood and woodwork consistent with the 1910 construction. The upper residence includes bedrooms on both floors, with a full bathroom at each level. A central entry provides access to both units, while the basement contains shared laundry facilities.

Recent work includes a new boiler serving the baseboard heating system and a remodeled third floor with two added bedrooms, a full bathroom, and a fire sprinkler system. Separate utility meters, substantial off-street parking, public water, wood siding, and a shingle roof add to the property's functional configuration. Located at 6 Broad St in Potsdam, both residences are leased through July 2027.

Key Highlights

  • 2,600‑square‑foot duplex with two residential units
  • Unit mix includes 3 bedrooms/1 bath and 5 bedrooms/2 baths
  • Both units leased through July 2027

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,285
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,700 $265.7K
Cap Rate 7%
$189,786 $189.8K
Cap Rate 9%
$147,611 $147.6K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$24.0K $9.24/SF
− Vacancy
−$5.0K −$1.94/SF
EGI
$19.0K $7.30/SF
− OpEx
−$5.7K −$2.19/SF
NOI
$13.3K $5.11/SF
Area
St. Lawrence County, NY
Vacancy
21.00%
Lease Rate
$9.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,700
Cap Rate 7%
$189,786
Cap Rate 9%
$147,611

Alternative Uses

Best Use
Multifamily LT 5
$189.8K
$166.1K – $221.4K (±1% cap)
NOI $13,285 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$173.8K
$152.1K – $202.8K (±1% cap)
NOI $12,165 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$645.0K
$564.4K – $752.6K (±1% cap)
NOI $45,153 @ 7.0% cap · market cap 22.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Bakery

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

2
Residential units
100%
Occupancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

857
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two leased residences include updated kitchen finishes and shared basement laundry.
Where is this duplex located?
The property is located at 6 Broad St Potsdam, NY.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 2,600‑square‑foot duplex with two residential units; Unit mix includes 3 bedrooms/1 bath and 5 bedrooms/2 baths; Both units leased through July 2027
More about this property
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