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2 Story, RESIDENTIAL - Potsdam, NY
Welcome to 11 Hamilton Street — A Versatile 5-Bedroom Investment or Residential Opportunity! This spacious 5-bedroom, 2-bath home offers exceptional flexibility as both a profitable investment property or a comfortable residence. Currently operating as a student rental, this well-maintained home generates positive cash flow with a 9% capitalization rate and reliable tenant occupancy. Whether you’re an investor seeking a turn-key opportunity or a homeowner looking for a generously sized property, 11 Hamilton Street checks every box. Located on a quiet side street, you will find the property very close to both SUNY Potsdam and Clarkson campus as well as downtown Potsdam. Inside, you’ll find beautiful hardwood floors throughout much of the home, adding warmth and character. The first floor features a primary bedroom with ensuite bathroom, a formal dining room, and an oversized living roo...
Welcome to 11 Hamilton Street — A Versatile 5-Bedroom Investment or Residential Opportunity! This spacious 5-bedroom, 2-bath home offers exceptional flexibility as both a profitable investment property or a comfortable residence. Currently operating as a student rental, this well-maintained home generates positive cash flow with a 9% capitalization rate and reliable tenant occupancy. Whether you’re an investor seeking a turn-key opportunity or a homeowner looking for a generously sized property, 11 Hamilton Street checks every box. Located on a quiet side street, you will find the property very close to both SUNY Potsdam and Clarkson campus as well as downtown Potsdam. Inside, you’ll find beautiful hardwood floors throughout much of the home, adding warmth and character. The first floor features a primary bedroom with ensuite bathroom, a formal dining room, and an oversized living room—perfect for gatherings and entertaining. The welcoming front entry foyer opens from a charming 200 sq. ft. covered porch, offering a peaceful spot to enjoy mornings or unwind after a long day. Upstairs, a large open landing provides versatile multi-use space—ideal for a study area, lounge, or office. Four additional bedrooms (three large, one smaller) and another full bathroom complete the upper level. This property sits on a low-maintenance corner lot with a sizeable parking area behind the home and convenient covered porch entry into the kitchen. The kitchen is equipped with newer appliances, making it both functional and inviting. Additional updates include vinyl siding, vinyl windows, and a newer shingled roof, ensuring long-term durability and efficiency. Listed below assessed value, this home is truly a rare find—offering immediate income potential and/or spacious living at an unbeatable price. Don’t miss your chance to own this well-cared-for, versatile property in a prime location!
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