For Sale
5 Beal Street, Potsdam, NY 13676
$315,000
For Sale
5 Beal Street, Potsdam, NY 13676
$315,000
| 2,288 sq ft |
1 buildings |
2 stories |
11 parking |
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Property Description
Seize this rare opportunity to own a low-maintenance, income-generating property in the heart of Potsdam! Perfectly positioned on the corner of Beal and Munson Streets, this versatile downtown building features ample off-street parking—an exceptional asset for both commercial and residential use. Currently leased at $1,700/month, the tenants have just begun Year 3 of a 5-year lease, offering steady, reliable income. These long-term tenants have a proven track record and treat the property with care. Mixed-Use Layout: Originally designed as a professional office and a separate 2-bedroom apartment. A simple modification joined the two spaces, but they can easily be separated again with the addition of a door. Office Side: Includes a welcoming reception area, a spacious open office, two smaller private rooms (currently used as DJ booths), a large rear office, and a utility closet housing a new furnace and water heater (installed in 2024). A bathroom is located just off the reception area. Residential Side: This two-story apartment features a first-floor living room, dining area, and kitchen. Upstairs includes two bedrooms with a full bathroom conveniently located between them. Whether you’re a seasoned investor or looking to start your portfolio with a solid asset, this property checks all the boxes: location, reliable rental income, and adaptability.
Property Summary
| Type | COMMERCIAL | MLS # | 51347 |
| Buildings | 1 | Year Built | 1980 (45 years old) |
| Parking | 11 | Est. Taxes | $7,566 |
Features
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Other Information |