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Marshall Realty
246 West Main Street
Malone NY 12953
(518)483-2400 Office
(518)483-4500 Fax
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Listing Details
MLS Number: 162915
List Price: $185,000
Street #: 57-63
Address: Pearl Street
Town: Malone
Waterfront: No
Type: Apartments
Area: Village of Malone
Remarks: If you're looking for a cash cow of a real estate investment, this is the one! This fully occupied 8 unit property has a great unit mix of 3 -1 bedroom apartments, 4 - 2 bedroom apartments, and 1 - 3 bedroom unit. All separate heating with propane monitors. Owners pay for hot water in 6 units, and electric for 4 of the apartments. With a gross income of $56, 568.00, this property should produce a 20% cash-on-cash return after all expenses! Listing Agent is also a Property Manager, and will offer PM services to the new owner, or help the new buyer set up PM systems. Excellent cash flow investment property at $185, 000!
Property Type: Multi-Family
City: Malone
State: NY
Zip Code: 12953
Subdivision: None
School District: Malone
Full Baths:  
Bedrooms:  
Listing Office: Marshall Realty (#:22)
Listing Agent: Craig Garrow (#:246)
County: Franklin
Agency: ERTS
Lot Dimensions:  
Apx Acreage: 0.22
Waterfront Footage:  
Body of Water: None
Water $:  
APA:  
Apx Total SqFt: 6000
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