416 E Main Street, Malone, NY 12953 (MLS# 206744)

Description

7 rental apartments with first floor laundry mat. Laundry mat is leased at $1200/month with a 10 year lease. Excellent cash flow!! Building has 3 phase power. Spray foamed basement, owner pays utilities in apartment 1, otherwise tenant pays heat and lights. Tenant occupying laundry mat pays heat, lights and water and sewer. Building is in good condition. Water and Sewer expense for building is $3920/year. All apartments have 100-amp entrances.. Laundry mat is for sale with equipment and business but is for sale for a separate price.

Contract Information

Short Term Rental Options: Property is not available to host any STR Current Price: $389,000 Original List Price: 389000 List Price: $389,000 Status: Active Listing Contract Date: 2026-03-19 Property Sub Type: Apartment Listing Agreement: Exclusive Right To Sell

Location, Tax, and Legal

Tax Annual Amount: 3786 Tax Assessed Value: 70000 Land Tax Annual Amount: 850 Deed Date: 2025-03-21

General Property Information

Number Of Buildings: 1 Lot Size Dimensions: .07 Senior Community YN: No Fireplace YN: No Building Area Total: 8700 Year Built: 1900 Lot Size Acres: 0.07 Water Body Name: None Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2026-03-19 Major Change Timestamp: 2026-03-19T14:31:31Z Major Change Type: New Listing

Appliances

Electric Range: 1 Electric Water Heater: 1

Basement

Full: 1 Walk-Out Access: 1

Construction Materials

Brick: 1

Cooling

None: 1

Deed Details

Instrument: Deed Page: 4121 Volume: 2025

Documents Available

Lead Paint: 1

Electric

100 Amp Service: 1

Exemptions

No Exemptions: 1

Financial Details

School Taxes: 1501 Village Taxes: 1500

Foundation Details

Stone: 1

Heating

Baseboard: 1 Electric: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Irregular Lot: 1

Parking Features

Driveway: 1 No Garage: 1

Road Frontage Type

Public: 1

Road Surface Type

Paved: 1

Roof

Rolled/Hot Mop: 1

Security Features

Carbon Monoxide Detector(s): 1

Special Listing Conditions

Standard: 1

Utilities

Cable Available: 1 Internet Available: 1 Natural Gas Not Available: 1 Sewer Connected: 1 Water Connected: 1

View

Commercial: 1

Window Features

Insulated Windows: 1 Vinyl Clad Windows: 1

Owner Pays

Electricity: 1

Tenant Pays

All Utilities: 1

Location Tax and Legal

Street Number: 416 Street Direction Prefix: E Street Name: Main Street Suffix: Street County: Franklin State: NY Postal Code: 12953 Subdivision Name: None MLS Area Major: Village of Malone Township: Malone School District: Malone Parcel Number: 112.33-8-8

Unit Details

Number Of Units Leased: 6

Property Features

Appliances: Electric Range; Electric Water Heater Basement: Full; Walk-Out Access Construction Materials: Brick Cooling: None Documents Available: Lead Paint Electric: 100 Amp Service Exemptions: No Exemptions Foundation Details: Stone Heating: Baseboard; Electric Listing Terms: Cash; Conventional Lot Features: Irregular Lot Owner Pays: Electricity Parking Features: Driveway; No Garage Road Frontage Type: Public Road Surface Type: Paved Roof: Rolled/Hot Mop Security Features: Carbon Monoxide Detector(s) Special Listing Conditions: Standard Tenant Pays: All Utilities Utilities: Cable Available; Internet Available; Natural Gas Not Available; Sewer Connected; Water Connected View: Commercial Window Features: Insulated Windows; Vinyl Clad Windows

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