Renovated Duplex with New
For Sale
$139,000
614 Ford St, Ogdensburg, NY 13669
Both residences have laundry hookups, and the property includes off-street parking.
Property Size2,100 SF
Price / SF$66.19
Days on Market52
Property Features for 614 Ford St
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Multi Family Home
Occupancy
100%
Additional Details
Average Monthly Rent
$925
Multifamily Units
2
Tenant in Place
Yes
Amenities
laundry hook up
off street parking
Building Details
Building Size
2,100 SF
Year Built
1870
Buildings
1
Stories
2
Units
2
Listing Agency:
Blue Heron Realty
(315) 394-3223
Listed By:
Job Edwards
(315) 323-6722
Source:
Kassianrealestate
Added: Sep 6
Changed: Oct 26
Last Checked: Oct 26 at 3:57AM
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 Blue Heron Realty
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Investment Insights
Based on property information with market context.
This 2,100-square-foot duplex was built in 1870 and has been renovated, with a new roof. Each of its two units has laundry hookups, and several rooms on the third floor provide additional space.
Both units are currently rented on month-to-month terms. Tenants pay their own utilities, and off-street parking is available at the property.
Both units are currently rented on month-to-month terms. Tenants pay their own utilities, and off-street parking is available at the property.
Key Highlights
- Two‑unit duplex with 2,100 square feet
- Renovated property with a new roof
- Both units currently rented month to month; tenants pay their own utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,730
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,600
$214.6K
Cap Rate 7%
$153,286
$153.3K
Cap Rate 9%
$119,222
$119.2K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$19.4K $9.24/SF
− Vacancy
−$4.1K −$1.94/SF
EGI
$15.3K $7.30/SF
− OpEx
−$4.6K −$2.19/SF
NOI
$10.7K $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%
$214,600
Cap Rate 7%
$153,286
Cap Rate 9%
$119,222
Alternative Uses
Best Use
Multifamily LT 5
$153.3K
$134.1K – $178.8K
NOI $10,730 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$140.4K
$122.8K – $163.8K
NOI $9,825 @ 7.0% cap · market cap 7.07%
Theoretical Best
Office A
$521.0K
$455.9K – $607.8K
NOI $36,469 @ 7.0% cap · market cap 26.24%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Explore this area
Business Placement
Demographics for 13669, NY
14,990
Population
7,419
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
85%
High-School Grad
101.5 sq mi
ZIP Area
148
Density / Sq Mi
$66,488
Median Household Income
$36,546
Median Earnings
$769
Median Rent
$101,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have laundry hookups, and the property includes off-street parking.
Where is this duplex located?
The property is located at 614 Ford St Ogdensburg, NY.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,100 square feet; Renovated property with a new roof; Both units currently rented month to month; tenants pay their own utilities
