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Two-Unit Duplex with Covered Porch
For Sale
$159,000

9 Washington St, Potsdam, NY 13676

MULTIFAMILY, 2 Story, Old Style, Potsdam, NY

Property Size1,776 SF
Price / SF$89.53
Days on Market48

Property Features for 9 Washington St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Dining Room
Patio and Porch features Porch
Exterior features Covered porch
Directions From Price Chopper in Potsdam, go towards the village and take a right onto Washington Street and the home will be on the right hand side of the road.
Subdivision ST LAWRENCE
Standard status Active
APN 64.050-4-24
Size 1,776 SF

Taxes and HOA fees

Tax Annual Amount 4914

Utilities

Utilities Cable Available
Water source Public

Amenities

covered front porch
parking area
laundry area

Building Details

Year built 1890
Floors in Building 2
Number of units 2
Flooring type Carpet, Tile
Building materials Vinyl siding
Roof type Shingle
Architectural style Other
Listing Agency: Fiacco Realty, LLC
Listed By: Amanda Fiacco · License #10491212047
Added: Aug 30 Changed: Sep 23 Last Checked: Oct 16 at 12:06AM
MLS# 53301

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.

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Investment Insights

Based on property information with market context.

This 1,776-square-foot duplex, built in 1890, contains two separate apartments: a renovated three-bedroom lower residence and an upper apartment with two bedrooms plus connected bonus rooms. The lower unit includes a refreshed kitchen with hickory cabinetry, granite counters, backsplash, tile flooring, and space for dining. The upper unit has its own kitchen, a bright living room, two bedrooms, and a bathroom. Appliances remain with both apartments.

A covered front porch adds exterior character, while the side parking area provides off-street convenience. The basement houses laundry equipment, two natural gas boilers, and two electric hot water heaters. Vinyl siding and the shingle roof have both been replaced, and the property includes public water and cable availability. Restaurants, retail, schools, colleges, and a park are within walking distance in Potsdam.

Key Highlights

  • Two‑apartment duplex with a 3‑bedroom lower unit and 2‑bedroom upper unit
  • 1,776 square feet on a 1890‑built property
  • Renovated lower apartment kitchen with hickory cabinets, granite counters, backsplash, and tile flooring

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 (±1% cap)
NOI $9,075 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$118.7K
$103.9K – $138.5K (±1% cap)
NOI $8,309 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$440.6K
$385.5K – $514.1K (±1% cap)
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

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Current Use

Central New York ... Gym & Fitness Center

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

803
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

Frequently Asked Questions

What type of property is this?
Duplex - Remodeled lower-level residence with updated finishes, conveying appliances, and off-street parking beside the building.
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‑apartment duplex with a 3‑bedroom lower unit and 2‑bedroom upper unit; 1,776 square feet on a 1890‑built property; Renovated lower apartment kitchen with hickory cabinets, granite counters, backsplash, and tile flooring
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