About This Home

This 0-bedroom, 0-bathroom multi-family at 416 E Main Street in Malone, NY is listed for $389,000 ($45 per sqft). Built in 1900, the home offers 8,700 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1900
  • 0.07 acre lot

Property Details

1900
Listing Description

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.

Monthly Cost Estimate

$2,080/mo

20% down · 6.5% · 30 years

Principal$281
Interest$1,686
Insurance$113

Estimates only. Actual payments may vary.

Location

416 E Main Street

Malone, NY 12953

Property Details

Construction

Brick

Parking

Driveway

Heating

BaseboardElectric (Heating)

Appliances

Electric RangeElectric Water Heater

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 416 E Main Street is listed at $389,000 ($45/sqft). The estimated monthly payment is $2,080 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.07 acre lot.

This property is listed by Edward Legacy.

EL

Edward Legacy

Agent at North Country Realty

Listed by North Country Realty · Broker phone: 5184830800 · View on Broker Site · Broker website

MLS# 206744· Source: Adirondack Champlain Valley MLS· 222 days on PropertySimple

Copyright © 2026 Adirondack Champlain Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

416 E Main Street, Malone, NY 12953

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