Check Availability
$95,000 - $115,000
Multifamily - In Contract

41 Bay St

Potsdam, NY 13676
bedrooms
6 Beds
bathrooms
2 Baths
square feet
3612 Sqft

About This Property

Incredible investment opportunity! This versatile property allows you the flexibility to either occupy the first two floors while earning rental income from a tenant, or finish the kitchen & bath on the second floor into a lucrative 3-family rental unit as intended. The third floor unit has been recently renovated into a lovely 2 bed/1 bath apartment with laundry and is currently income producing. There had been an apartment on each of the 3 levels, although the second floor has been under construction. The second floor kitchen, bath and laundry room have all been roughed-in with plumbing and finished with drywall, along with the gypsum water resistance wallboard in the 1/2 bath & laundry room. The construction materials purchased for the renovations will convey with the sale. Many windows have been replaced. Original hardwood flooring has been kept through out much of the home. Although this property adjoins SUNY Potsdam, the large backyard is very private. The Village lot itself is 1/3 acre. Sold in its current state, mid-construction and as-is, this property is ideal for cash buyers who are ready to seize the potential and complete this gem into a wonderful investment opportunity. No rental inquiries please. Land contracts will not be accepted.  Location- 0.2 miles to SUNY Potsdam, Less than 1 mile to Clarkson and the Potsdam Canton Hospital.

The manager has listed the unit size as 3612 square feet.
Unit Size
3,612Ft²
Days on Market
-
Land Size
-
Price per sqft
$29
Property Type
Multifamily
Property Taxes
$509
HOA Dues
-
Year Built
1900
Listed By
Tracy Bernard
Nikki Coates & Associates LLC

Price History

Date / Event Date Event Price
May 2, 2024 In contract -
In contract
Apr 11, 2024 Price Decreased $105,000
↓ $14K (11.8%)
Price Decreased
Feb 29, 2024 Listed $119,000
Listed
Aug 10, 2023 Sold to Grace W Hanson, Matthew E H... $175,000
Sold to Grace W Hanson, Matthew E H...

Property Highlights

Fireplace
Interior Details

Fireplace Information

Fireplace
Exterior Details

Exterior Information

Wood Siding

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
1 Bath
1,176 ft²
$100/ft²
$118,000 Mar 29, 2024
-
$535/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211006
10/06/2021
6 Bed
1 Bath
3612 ft²
$60,000
bedrooms
6 Bed
bathrooms
1 Bath
square feet
3612 ft²
-
-
-
Rowena E General
General Real Estate

Building Info

41 Bay Street 41 Bay Street, Potsdam, NY 13676
  • 1 Unit for Sale
More about this Building
41 Bay Street
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About Potsdam


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