$175,000
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316 Main St Morristown, NY 13664
Multi-Family
Residence
5
Beds
6
Baths
6,825
Sq. Ft.
Property Activity
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MULTI-USE INVESTMENT PROPERTY- option for owner occupancy. Historic meets modern with this unique multi-unit building full of charm and character located in the quaint and lively village of Morristown, nestled along the St. Lawrence River with views of Brockville, Canada and Three Sisters Islands. T...his iconic structure has been in the same family for over 100 years, boasting 6,800 sq ft and offering five units in total. Two lower-level units are commercial; one currently leased with long term occupancy. The vacant unit ideal for use as a studio, office, retail - with excellent visibility, signage, and ample parking. The second level features a beautifully renovated 3-bedroom, 2 full bath with attached two car garage, paved drive, and many original period details adding to the charm of this space. Fully appointed custom kitchen with granite countertops and high-top seating, scullery, top of the line appliances, dry bar with wine fridge, and built ins. Formal dining room with double pocket doors open to the sitting room (former parlor) with fireplace. Primary suite with deep jetted tub, separate shower, and walk in closet. There is an expansive deck running the entire northwest façade of this second level, perfect for entertaining and a front row seat during the summer concert series (hosted by the museum) and 4th of July parade (in honor of the sellerâ??s father). The third level offers 2 one-bedroom apartments that require renovations for additional income; with one in need of lighter repair. Current monthly income on the two occupied units is $1,750 - there is potential to triple that figure. Located directly on Main Street - steps from the museum, restaurants, post office, bank, public boat launch and marina. Short walk to the school, pickleball and basketball court, park, and historic windmill overlooking the St. Lawrence River. 15 minutes to the Canadian bridge and Ogdensburg-Prescott International Airport with 30 minutes to Alexandria Bay.
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MLS#
50168
Property Type
Multi-Family
Bedrooms
5
Bathrooms
4 Full/2 Half
Year Built
1960
Square Feet
6,825
sq. ft
Price per Sq. Ft.
$26.00
Stories
3.0
Sewer
Public Sewer
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