NOT LISTED FOR SALE

2 Hamilton St Potsdam, NY 13676

Estimated Value: $135,586 - $204,000

6 Beds
2 Baths
1,790 Sq Ft
$92/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $125,000 $70 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,252/month

208 Days on Market

Highlights

  • Partial Attic
  • Property is near bus stop
  • Wall to Wall Carpet
  • Lawrence Avenue Elementary School Rated A-
  • Baseboard Heating
  • 3-minute walk to Ives Park

About This Home

As of September 2021

ATTENTION investors. 2 units. Excellent cash flow. 3 beds/1 bath in each. Apartment #1 $2750 per person/semester. Apartment #2 $2500 per person/semester. Owner pays heat, gas & electric. Breaker panel. Natural gas efficient boiler with hot water baseboard heat. Metal roof resealed in 2014. Wood siding. Vinyl windows. Lots of parking. Sold with 2 unit next door, 4 Hamilton, S1283450. 12% CAP rate. Add this to you investment portfolio today! Can be purchased as package with S1283454, S1283451, S1283450. Total 12 units!

Last Agent to Sell the Property

Brian Murphy

Listing by Acropolis Realty Group LLC License #10301218524 Listed on: 08/11/2020

Acropolis Realty Group LLC

Last Buyer's Agent

Frank Procopio

Listing by Hunt Real Estate ERA License #10301221680

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,450

Year Built

  • Built in 1910

Lot Details

  • 5,693 Sq Ft Lot
  • Lot Dimensions are 103 x 55

Home Design

  • Duplex
  • Stone Foundation
  • Metal Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,790 Sq Ft Home
  • 1.7-Story Property
  • Basement Fills Entire Space Under The House
  • Partial Attic

Flooring

  • Wall to Wall Carpet
  • Laminate

Location

  • Property is near bus stop

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities
  • Tax Lot 12
  • Assessor Parcel Number 407403-064-067-0002-012-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,450

Year Built

Built in 1910

Lot Details

0

Listing Details

  • NY Swis Code: Potsdam-407489
  • Total Assessed Value: 80000
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 103
  • Lot Dimension Front: 55
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 12
  • Nearest Cross Street: Pierrepont
  • Number of Stories: 1.7000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 956388.68
  • Ratio Close Price By Sq Ft: 69.83
  • Ratio List Price By Acres: 1147666.41
  • Ratio List Price By Sq Ft: 83.80
  • Regional Board Code: Syracuse
  • Rent Includes: All Utilities
  • Roof Description: Metal
  • School Tax: 2022
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit, Duplex
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 5693
  • Age of Building: 112
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1790
  • Directions To Property: Main st right onto Pierrepont right onto Hamilton, house on left
  • Sq Ft Total Pub: 1790
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Partial
  • Basement Description: Full
  • Floor Description: Laminate-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 1790

Exterior Features

  • Construction: Wood
  • Number of Acres: 0.1307

Garage/Parking

  • Number of Electric Meters: 1
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water
  • Number of Gas Meters: 1
  • Number of Heating Units: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 407403-064-067-0002-012-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4450

MLS Schools

  • School District Name: Potsdam

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Zirn Nicholas A
Bought by
Mscg Llc
Current Estimated Value
$164,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2014
Sold by
Yes Home Management Llc
Bought by
Zirn Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 15, 2007
Sold by
Sabad Joseph
Bought by
Yes Home Management Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mscg Llc $460,000 None Listed On Document
Zirn Nicholas $90,000 John Collins
Zirn Nicholas A $90,000 None Available
Yes Home Management Llc $125,000 Cappello
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mscg Llc $496,000
Previous Owner Zirn Nicholas A $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2021 09/13/21 Sold $125,000 0.0% $70 / Sq Ft
05/31/2021 05/31/21 Off Market $125,000 -- --
03/07/2021 03/07/21 Pending -- -- --
08/11/2020 08/11/20 For Sale $150,000 -- $84 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,780 $80,000 $6,900 $73,100
2023 $4,688 $80,000 $6,900 $73,100
2022 $4,604 $80,000 $6,900 $73,100
2021 $4,543 $80,000 $6,900 $73,100
2020 $4,500 $80,000 $6,900 $73,100
2019 $4,409 $80,000 $6,900 $73,100
2018 $4,409 $80,000 $6,900 $73,100
2017 $4,302 $80,000 $6,900 $73,100
2016 $4,224 $80,000 $6,900 $73,100
2015 -- $80,000 $6,900 $73,100
2014 -- $67,600 $6,900 $60,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1283448

Central New York Information Services

APN: 407403-064-067-0002-012-000-0000