Duplex with Covered
For Sale
$159,000
9 Washington St, Potsdam, NY 13676
The two apartments provide three-bedroom and two-bedroom layouts, with appliances included in both kitchens.
Property Size1,776 SF
Price / SF$89.53
Days on Market62
Property Features for 9 Washington St
General Information
Standard status
Active
Size
1,776 SF
Property subtype
Multi Family Home
Units
Unit Mix
1 x 3BR, 1 x 2BR
Multifamily Units
2
Amenities
covered front porch
parking area
laundry area
Building Details
Building Size
1,776 SF
Year Built
1890
Buildings
1
Stories
2
Units
2
Listing Agency:
Fiacco Realty, LLC
(315) 854-7529
Listed By:
Amanda Fiacco · License #10491212047
(315) 261-9809
Source:
Davislakeandriverrealty
Added: Aug 30
Changed: Oct 29
Last Checked: Oct 29 at 7:30PM
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 Fiacco Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,776-square-foot duplex, built in 1890, contains two apartments: a three-bedroom first-floor unit and a two-bedroom upstairs unit. Both kitchens have appliances that convey. The upper apartment also has two connected rooms, one currently used as an office and the other as a bedroom. A covered porch fronts the property, and parking is available along the side. The basement includes laundry, two natural gas boilers, and two electric hot water heaters. The siding and roof have been replaced.
Restaurants, stores, schools, colleges, and a park are within walking distance. The property is located at 9 Washington St in Potsdam, New York.
Restaurants, stores, schools, colleges, and a park are within walking distance. The property is located at 9 Washington St in Potsdam, New York.
Key Highlights
- Two apartments: a three‑bedroom first‑floor unit and a two‑bedroom upper unit
- 1,776 square feet; built in 1890
- Appliances convey with both kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,075
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$181,500
$181.5K
Cap Rate 7%
$129,643
$129.6K
Cap Rate 9%
$100,833
$100.8K
Market Conditions
NOI Build-Up for 1,776 SF
Gross rent
$16.4K $9.24/SF
− Vacancy
−$3.4K −$1.94/SF
EGI
$13.0K $7.30/SF
− OpEx
−$3.9K −$2.19/SF
NOI
$9.1K $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%
$181,500
Cap Rate 7%
$129,643
Cap Rate 9%
$100,833
Alternative Uses
Best Use
Multifamily LT 5
$129.6K
$113.4K – $151.3K
NOI $9,075 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$118.7K
$103.9K – $138.5K
NOI $8,309 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$440.6K
$385.5K – $514.1K
NOI $30,843 @ 7.0% cap · market cap 19.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - The two apartments provide three-bedroom and two-bedroom layouts, with appliances included in both kitchens.
Where is this duplex located?
The property is located at 9 Washington St Potsdam, NY.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Two apartments: a three‑bedroom first‑floor unit and a two‑bedroom upper unit; 1,776 square feet; built in 1890; Appliances convey with both kitchens
