416 E Main St Malone, NY 12953
Estimated payment $2,392/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,786
Year Built
- Built in 1900
Lot Details
- 3,049 Sq Ft Lot
- Irregular Lot
Home Design
- Brick Exterior Construction
- Stone Foundation
- Rolled or Hot Mop Roof
Interior Spaces
- 8,700 Sq Ft Home
- Vinyl Clad Windows
- Insulated Windows
- Carbon Monoxide Detectors
- Electric Range
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- No Garage
- Driveway
Utilities
- No Cooling
- Baseboard Heating
- 100 Amp Service
- Natural Gas Not Available
- Electric Water Heater
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 112.33-8-8
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,870 | $70,000 | $6,000 | $64,000 |
| 2023 | $3,594 | $70,000 | $6,000 | $64,000 |
| 2022 | $3,570 | $70,000 | $6,000 | $64,000 |
| 2021 | $3,583 | $70,000 | $6,000 | $64,000 |
| 2020 | $4,613 | $70,000 | $6,000 | $64,000 |
| 2019 | $3,601 | $70,000 | $6,000 | $64,000 |
| 2018 | $3,539 | $70,000 | $6,000 | $64,000 |
| 2017 | $3,511 | $70,000 | $6,000 | $64,000 |
| 2016 | $3,865 | $70,000 | $6,000 | $64,000 |
| 2015 | -- | $70,000 | $6,000 | $64,000 |
| 2014 | -- | $70,000 | $6,000 | $64,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2026 03/19/26 | For Sale | $389,000 | -- | $45 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100,500 | Centennial Abstract | |
| Warranty Deed | $105,000 | -- | |
| Deed | $85,000 | Kirk Gagnier | |
| Interfamily Deed Transfer | $85,000 | Brian Stewart | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | $65,000 | Brian S. Stewart | |
| Deed | $17,000 | Bryan Hughes | |
| Deed | $17,000 | Thomas Mccann |
Source: Adirondack-Champlain Valley MLS
MLS Number: 206744
APN: 164801-112-033-0008-008-000-0000
Ask me questions while you tour the home.