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59 Market Street
Potsdam, NY 13676
MLS# S1448069 ID: 79126835
11960 sq.ft.
Property Description
5 + Unit Apartments - Potsdam, NY Incredible investment opportunity for Owner Operator or Investor!! Brick 3 story 11,000 sq ft mixed use building in the heart of downtown Potsdam consists of 9 apartments plus McDuffs Bar & Grill, a 30+ year business in a college town. 8% Cap Rate. Sale includes building, business, & all equipment (new in 2015-see list)! Apartments are fully occupied on m/m leases, separately metered electric; 2-studio, 6-1 bed, 1-2 bed. Building improvements include rubber membrane roof, all new windows-5 yrs, and new high efficiency boiler in 2022! Centrally located to Clarkson University, SUNY Potsdam, and Canton-Potsdam Hospital. Solid cash flow with upside potential!
Property Features
Days On Market 104 days
Last Updated March 21, 2023
Market Status Available
Property Type Rental Complex For Sale
Year Built 1950
Approx. Lot Size .07 Acres
Sq. Feet 11960
Building Features
Heating System Hot Water; Radiant
Roof Membrane
Stories 3.0
Heating Fuel Natural Gas
Exterior Features
Exterior Construction Brick
Interior Features
Floors Hardwood; Laminate; Vinyl; Wood
Taxes 17790
Listing Features
Property Type MultiFamily; Apartment
Offered By:
Brian D Murphy
MyTown Realty LLC

Data Provided by Greater Syracuse Association of Realtors