$245,000
↓ $20K (7.5%)
●
Multifamily -
For Sale
85 Elm Street
Potsdam, NY 13676
6 Beds
4 Baths
4800 Sqft
$1,653
Estimated Monthly
$0
HOA / Fees
10.56%
Cap Rate
About This Property
WONDERFUL INVESTMENT OPPORTUNITY!!! The main floor is Unit # 1
comprised of a kitchen (12'6" X 13) equipped with gas range,
refrigerator over the range microwave and a dishwasher, (all
stainless steel), formal dining room (18 X 12) with a built-in
hutch, living room, two bedrooms (11 X 10) and (12 X 10) and a bath
(washer and dryer conveys). Entering the building from the from
front there is a staircase taking you to the two apartments on the
second floor. Units # 2 is comprised of a kitchen (9 X 12) with a
gas range and refrigerator, living room (13 X 13), bedroom (12 X
8), bedroom/den (13 X 10), and a bath (8 X 8) with a washer and
dryer. Apartment # 3 is an efficiency with an open kitchen
(refrigerator and gas range) and living area (13 X 22 X 10) and a
bath (4 X 10). Washer and dryer is one unit and will convey. The
4th unit located on the 3rd floor is comprised of the kitchen 13 X
11) equipped with a gas range and refrigerator), dining area/nook
(12 X 8), living room (13 X 17), bedroom (13 X 16) and a bath (13 X
6) washer and dryer convey. Seller has made the following
repairs/updates during his 5 years of ownership:Within the past 5
years: in apt. 1, new kitchen+bathroom floor, new kitchen cabinet
and appliances, new laundry machines; 1 of 2 water heaters; attic
insulation as well as insulation in some walls on second floor;
house re-wired to remove knob+tube wiring; driveway re-graveled
last summer; new water line from the curb to the meter; new
electric service line from the weatherhead to the meter. Live in
one unit and let the rents from the other unit help with the
mortgage. Located within a close proximity to SUNY Potsdam,
Clarkson University and within walking distance to downtown. Call
your REALTOR® today and schedule your private tour of this fully
rented/occupied investment property!
The manager has listed the unit size as 4800 square feet.
The manager has listed the unit size as 4800 square feet.
Unit Size
4,800Ft²
Days on Market
95 days
Land Size
-
Price per sqft
$51
Property Type
Multifamily
Property Taxes
$449
HOA Dues
-
Year Built
1900
Listed By
Last updated: 23 days ago (SLCMLSNY #49366)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 21, 2024 | Price Decreased |
$245,000
↓ $20K
(7.6%)
|
|
Price Decreased | |||
Mar 13, 2024 | Price Decreased |
$265,000
↓ $25K
(8.6%)
|
|
Price Decreased | |||
Feb 8, 2024 | Listed by County Seat Realty | $290,000 | |
Listed by County Seat Realty | |||
Sep 6, 2018 | Sold to James S Burdick | $132,500 | |
Sold to James S Burdick | |||
Jul 31, 2014 | Sold to Rentals Llc Ll | $75,000 | |
Sold to Rentals Llc Ll |
Property Highlights
Exterior Details
Exterior Information
Wood Siding
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
3
Beds
2.5
Baths
1,869 ft²
$110/ft²
$205,000
Jun 2, 2023
-
$347/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|