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Adirondack Real Estate

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473-479 E Main Street., Malone, NY 12953

$400,000
Property Type: Residential Income Square Footage: 8,000 Lot Size (sq. ft.): 10,019 Status: Closed
Current Price: $400,000 List Date: 4/25/2023 Last Modified: 8/31/2024

Description

Property consists of 9 residential rental units and two store fronts. 9 units are rented as well as 1 store front. Total annual income =$92,000. Owner will rent back second store front for $800/month. 479 - Accounting office 1680 square feet, 2 offices, 2 1/2 baths, reception area and large work area. Rent is $1250/month. Tenant pays electric. 473 is store front, 1300 square feet, open floor plan 1/2 bath and small office. Owner would pay heat and lights. 473 has separate electric for all units. Parking in rear of building for 7-8 vehicles. Excellent location and cash flow for rentals.

More Information MLS# 178528

Location, Tax, and Legal

Tax Annual Amount: 5833 Tax Assessed Value: 114400 Land Tax Annual Amount: 5833 Deed Date: 2017-05-04

General Property Information

Number Of Buildings: 2 Building Area Total: 8000 Year Built: 1890 Open Parking YN: 1 Open Parking Spaces: 8 Lot Size Acres: 0.23 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2024-05-20 Concessions: No Buyer Financing: Conventional Major Change Timestamp: 2024-05-20T13:58:28Z Major Change Type: Status Change Under Contract Date: 2024-04-15 Close Date: 2024-05-17 Close Price: 400000

Appliances

Electric Water Heater: 1 Range Hood: 1 Refrigerator: 1 Water Heater: 1

Basement

Exterior Entry: 1 Full: 1 Unfinished: 1 Walk-Out Access: 1

Construction Materials

Brick: 1 Stone: 1 Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: deed Page: 2044 Volume: 2017

Documents Available

Lead Paint: 1 Leases: 1

Electric

100 Amp Service: 1 200+ Amp Service: 1

Exemptions

No Exemptions: 1

Foundation Details

Stone: 1

Heating

Baseboard: 1 Electric: 1 Forced Air: 1 Hot Water: 1 Propane: 1

Interior Features

Apartment: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Level: 1

Parking Features

No Garage: 1

Road Frontage Type

Public: 1

Roof

Flat: 1 Rolled/Hot Mop: 1

Special Listing Conditions

Standard: 1

Structure Type

Front & Back: 1

Utilities

Cable Available: 1 Internet Available: 1 Natural Gas Connected: 1 Sewer Connected: 1 Water Connected: 1

View

Commercial: 1

Window Features

Insulated Windows: 1 Vinyl Clad Windows: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Call Listing Agent: 1

Contract Information

Current Price: $400,000 Sold Price: $400,000 Status: Closed Listing Contract Date: 2023-04-25 Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 473-479 Street Direction Prefix: E Street Name: Main Street. County: Franklin State: NY Postal Code: 12953 Subdivision Name: None MLS Area Major: Village of Malone School District: Malone Parcel Number: 112.35-3-9,112.35-3-10 Zoning: Commercial Directions: Main St between Key Bank and Kinney Drugs

Unit Details

Number Of Units Leased: 10

Property Features

Appliances: Electric Water Heater; Range Hood; Refrigerator; Water Heater Basement: Exterior Entry; Full; Unfinished; Walk-Out Access Construction Materials: Brick; Stone; Wood Siding Cooling: None Documents Available: Lead Paint; Leases Electric: 100 Amp Service; 200+ Amp Service Exemptions: No Exemptions Foundation Details: Stone Heating: Baseboard; Electric; Forced Air; Hot Water; Propane Interior Features: Apartment Listing Terms: Cash; Conventional Lot Features: Level Parking Features: No Garage Road Frontage Type: Public Roof: Flat; Rolled/Hot Mop Special Listing Conditions: Standard Structure Type: Front & Back Utilities: Cable Available; Internet Available; Natural Gas Connected; Sewer Connected; Water Connected View: Commercial Window Features: Insulated Windows; Vinyl Clad Windows Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Listing Courtesy of North Country Realty
IDX
Information deemed reliable but not guaranteed.
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