About This Home

This 11-bedroom, 5-bathroom commercial at 55 W Main in Norfolk, NY is listed for $199,000 ($50 per sqft). Built in 1900, the home offers 4,000 sqft of living space on a N/A lot.

Key Features

  • Built in 1900
  • 2 stories

Property Details

2 stories
5 full
1900
Listing Description

Investor Alert: Prime Downtown Norfolk Income Property Exceptional opportunity to own a fully occupied, income-producing apartment building in the heart of downtown Norfolk. This five-unit property boasts a proven rental history, generating $3,875/month, with each unit separately metered for electricity, ensuring convenience and efficiency.

On-site coin-operated laundry adds to tenant satisfaction and ease of management. Unit Breakdown: Apartments 1 & 2 (ground floor): 3 bedrooms each Apartments 3 & 4 (second floor): 2 bedrooms each Apartment 5: 1 bedroom Perfectly positioned within walking distance to local shops, cafes, and small-town amenities, while offering a short drive to libra

ries, parks, museums, Clarkson University, SUNY Potsdam, SUNY Canton, and seasonal outdoor adventures including hiking, skiing, swimming, fishing, and boating. Norfolk is just minutes from the nearby airport with fast direct flights to Boston and convenient access to larger regional cities like Plattsburgh, Ottawa, Montreal, and the Saint Regis Mohawk Reservation, which features a casino and year-round cultural events.

This property is ideal for real estate investors seeking multi-family units in upstate New York with strong cash flow potential, as well as professionals and workers drawn to affordable, economical electricity services and high-speed internet in a quiet, small-town setting. No sign on property. Don't miss this exceptional investment opportunity-contact us today to schedule a viewing and secure your piece of Norfolk's thriving rental market.

Monthly Cost Estimate

$1,064/mo

20% down · 6.5% · 30 years

Principal$144
Interest$862
Insurance$58

Estimates only. Actual payments may vary.

Location

55 W Main

Norfolk, NY 13667

Questions & Answers

This 11-bedroom, 5-bathroom commercial at 55 W Main is listed at $199,000 ($50/sqft). The estimated monthly payment is $1,064 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 2 stories.

This property is listed by Diana Dufresne.

DD

Diana Dufresne

Agent at 1st Class Realty Group

Listed by 1st Class Realty Group · Broker phone: 3153222448

MLS# 52053· Source: St. Lawrence Board of Realtors· 375 days on PropertySimple

Copyright © 2026 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

55 W Main, Norfolk, NY 13667

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