Malone NY Multi Family for Sale
ADDITIONAL INFORMATION
Well appointed, highly productive, duplex rental. Both units (1/1's) consistently fully occupied with traveling workers at $1195/mo/unit. 2023 Total Gross $26,290, 2023 NOI = $15,205. Offering at 22% Cap Rate for quick sale - need the capital for another project.
- Type:
- Apartment
- Sq.Ft.:
- 2,220
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 203312
ADDITIONAL INFORMATION
Great investment property right in the heart of downtown. Three units producing great income. Rents could easily be raised. Beautiful high ceilings and hardwood floors. Exquisite doors. All maple woodwork, maple staircase, colonial woodwork, motion activated lighting in common areas. Ground entrance to basement from indoor or outdoor, security system. This building has separate coin operated laundry used by several tenants in the building and the associate building next door. This brings in good annual income to assist with paying the taxes. This property includes a huge parking lot for all the tenants. It is suggested that this property be purchased along with 93 Catherine Street. The price quoted here only includes the building at 91 Catherine along with the parking lot next door. New wiring, new boiler, new fresh paint inside, and new floors all over. Inside has beautiful woodwork. Great back porch with fire escape for safety. New roof on backside and many new upgrades.
- Type:
- Duplex
- Sq.Ft.:
- 2,420
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1890
- Baths:
- MLS#:
- 203295
ADDITIONAL INFORMATION
Investors, look at this huge property!!!! It offers 2 huge apartments with a one car garage, carport and two roofed porches. Excellent income, brand new roof, second entry stairway upstairs, enclosed porch in the back. Huge rooms, all new flooring, all fresh paint, Plumbing upgrades, new high efficiency propane boiler with on demand water, Great location. Paved driveway. Owner has invested a lot of money into this property. All new waterproof flooring. Washer and dryer provided downstairs and upstairs. Vinyl siding is fresh.
- Type:
- Duplex
- Sq.Ft.:
- 2,022
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- MLS#:
- 203286
ADDITIONAL INFORMATION
Calling all Investors... look at this!!! Lovely two unit duplex with a SPECTACULAR LOT located within eyesight of the Fairgrounds in Malone. Beautiful trees. Extra Lot goes with the duplex for $10,000.00 extra, In this instance, you can own the lot too and build a new home on it. What a beautiful area to build a house in. The duplex is brand new inside with both units having been remodeled within the last year. This home is spectacular inside. Everything has been done for you inside. New kitchens, baths, flooring, electrical, etc. This is a corner property on Raymond and Cedar with the extra lot that can be bought located on Raymond Street. Don't miss out on this one....all the expensive work has been done!
- Type:
- Apartment
- Sq.Ft.:
- 2,300
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1880
- Baths:
- MLS#:
- 203268
ADDITIONAL INFORMATION
Investors please take note! This property is adjacent to 91 Catherine Street and should be sold with 91 Catherine. This is a two unit rental, which is always rented. Great income property. Large porches with roofs over both units. Great old traditional entry doors. Security system is attached to 91 Catherine . Parking on the 91 Catherine lot, access to coin operated laundry. Downstairs apartment has its own set up for laundry as well. Lots of new floors and door. This home features a huge open porch for your relaxation.
- Type:
- Fourplex
- Sq.Ft.:
- 3,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- 203140
ADDITIONAL INFORMATION
Well maintained, professionally managed, fully occupied fourplex located in Malone Junction. Large yard with ample parking and a huge storage barn. Building consists of three 2-bed units and one 1-bed unit. 1.2 miles from Alice Hyde Medical Center Excellent rental history. Gross receipts are $43,200/year. Listing office offers property management services.
- Type:
- Duplex
- Sq.Ft.:
- 1,530
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.55 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 202929
ADDITIONAL INFORMATION
Village duplex with two bedrooms in each unit. Tenants are responsible for electric and propane. Recent updates (2022-2024) include, New siding on the garage/barn, Freshly painted house and barn, Extensive electrical upgrades throughout the house and basement, Newly renovated and furnished 2nd floor apartment, New high-efficiency (95%) propane-fired hot air furnace in the basement, replacing the older fuel oil system, Large new deck at the back of the house, painted in 2024, Fully fenced backyard with perimeter lighting installed, New metal roof on the barn, Fully electrified barn with a new automatic garage door and opener.
- Type:
- Duplex
- Sq.Ft.:
- 2,208
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 202447
ADDITIONAL INFORMATION
This is a great investment opportunity. Owner gets $625 for the upstairs apartment and $650 for the downstairs apartment. Upstairs unit is a two bedroom, one bathroom unit. The downstairs unit is a three bedroom one bathroom unit. This property needs a little TLC but is a great investment. Owners cover garbage and heavy snow removal, water and sewer bills.
- Type:
- Apartment
- Sq.Ft.:
- 1,461
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 202362
ADDITIONAL INFORMATION
This unique property offers a blend of residential comfort and commercial potential. The main floor has been thoughtfully converted into a versatile office space, ideal for a variety of professional uses. Upstairs, you'll find a charming one-bedroom apartment, perfect for an owner-occupant, rental income, or additional business space. While the inside shines with its many updates, the outside remains a blank canvas, ready for your personal touch. The exterior requires some TLC, providing an excellent opportunity to enhance curb appeal and further increase the property's value.
- Type:
- Triplex
- Sq.Ft.:
- 2,756
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1880
- Baths:
- MLS#:
- 201937
ADDITIONAL INFORMATION
Welcome to this charming brick triplex home nestled in the heart of the village of Malone. As you approach the home, you'll be greeted by its classic brick facade, exuding a sense of timeless elegance. Each of the three units boasts its own distinct charm and character, providing a versatile space for comfortable living or rental income potential. The open layout of each unit allows for seamless flow between the living spaces, kitchen areas, and bedrooms, accommodating various lifestyle needs. The surrounding neighborhood offers a quiet and peaceful setting, perfect for those seeking a tranquil retreat. Enjoy the convenience of local amenities, shops, and dining options just a short distance away. Whether you're looking to invest in a rental property or establish roots in a small community, this brick triplex home in the village of Malone presents a wonderful opportunity to experience the best of village living.
$48,000
39 Rennie St Malone, NY 12953
- Type:
- Duplex
- Sq.Ft.:
- 1,456
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1890
- Baths:
- MLS#:
- 178096
ADDITIONAL INFORMATION
Two 2 bedroom apartments, up down units. Tenant pays heat and lights, rents are fairly low and can be raised. Rent is $650 on apt 1 and apt 2. Tenants are responsible for utilities. Laminate flooring, cheap taxes, includes 2 stove and 2 refrigerators. Overall average condition.
Based on information from the Adirondack-Champlain Valley MLS as of the date posted below. The information provided by the Adirondack-Champlain Valley MLS is deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2024 Adirondack-Champlain Valley MLS. All Rights Reserved.
Malone Real Estate
The median home value in Malone, NY is $155,000. This is lower than the county median home value of $162,800. The national median home value is $338,100. The average price of homes sold in Malone, NY is $155,000. Approximately 54.28% of Malone homes are owned, compared to 27.34% rented, while 18.38% are vacant. Malone real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Malone real estate agent to arrange a tour today!
Malone, New York has a population of 13,547. Malone is less family-centric than the surrounding county with 24.97% of the households containing married families with children. The county average for households married with children is 25.55%.
The median household income in Malone, New York is $55,426. The median household income for the surrounding county is $55,279 compared to the national median of $69,021. The median age of people living in Malone is 38.1 years.
Malone Weather
The average high temperature in July is 78.2 degrees, with an average low temperature in January of 5.8 degrees. The average rainfall is approximately 37.4 inches per year, with 89.5 inches of snow per year.