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Spacious Duplex With Enclosed Porches

716-718 Franklin Street Ogdensburg, NY 13669

716-718 Franklin Street, Ogdensburg, NY, 13669
$149,000
Pending
For Sale
$149,000
Pending

MULTI_FAMILY - Ogdensburg, NY

Property Size2,720 SF
Days on Market50

Property Features for 716-718 Franklin Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 1, Bedroom 3
Parking features
Driveway, Garage - Detached
Patio and Porch features
Porch
Exterior features
Enclosed porch, Porch
Standard status
Pending
APN
48.079-8-39
Size
2,720 SF

Taxes and HOA fees

Tax Annual Amount
5694

Utilities

Water source
Public

Building Details

Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Wood floors, Carpet, Vinyl
Architectural style
Other
Listing agency Blue Heron Realty
Listed by Jeffrey Spriggs
Added: Jun 2 Updated: Jul 11 at 9:55PM Checked: Jul 21 at 8:06AM
MLS# 52838

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 well-maintained duplex at 716-718 Franklin Street features two residential units with separate layouts and approximately 1,360 square feet of living space per unit. Each unit includes dedicated in-unit laundry, separate dining areas, and enclosed front and back porches that can serve as additional flexible space for storage, hobbies, or year-round use. The upper unit offers 3 bedrooms and 1 full bath and has been recently updated with a modern kitchen. The lower unit offers 2 bedrooms and 1 full bath, with a spacious layout that closely mirrors the upstairs unit.

The property sits on a generously sized lot with abundant green space. Parking is available on both sides of the building, with one space on the left side and two spaces on the right side, and there is also an additional garage in the back that can support extra parking and storage or a workshop.

This configuration is a practical fit for an owner-occupant seeking a live-in arrangement with rental income, or for a buyer looking to add a duplex to a rental portfolio. The combination of in-unit laundry, enclosed porch space, and recent kitchen updates in the upper unit can appeal to tenants who value convenience and usable indoor-outdoor space.

Key Highlights

  • Duplex built in 1900 with two separate units, each with approximately 1,360 SF of living space
  • Upper unit offers 3 bedrooms and 1 full bath with a recently updated kitchen
  • Lower unit offers 2 bedrooms and 1 full bath with a spacious layout similar to the upper unit

Local Financial Insights For Apartment 5plus

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 $29.7k $10.92
− Vacancy −$6.6k −$2.41
EGI $23.1k $8.51
− OpEx −$10.4k −$3.83
NOI $12.7k $4.68
2,720 SF · lease $10.92/SF/yr · vacancy 22.10% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$198.5K
$173.7K – $231.6K (±1% cap)
NOI $13,898 @ 7.0% cap · market cap 9.33%
Second Best
Apartment 5plus
$181.8K
$159.1K – $212.1K (±1% cap)
NOI $12,726 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$674.8K
$590.5K – $787.3K (±1% cap)
NOI $47,237 @ 7.0% cap · market cap 31.70%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency HVAC Service Daycare Center Bakery Barber Shop (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Electrical Service Parking Lot & Garage

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex offering two generous, separate units with in-unit laundry and enclosed front and back porches.
Where is this duplex located?
The property is located at 716-718 Franklin Street Ogdensburg, NY.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Duplex built in 1900 with two separate units, each with approximately 1,360 SF of living space; Upper unit offers 3 bedrooms and 1 full bath with a recently updated kitchen; Lower unit offers 2 bedrooms and 1 full bath with a spacious layout similar to the upper unit
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