409 Main Street
Morristown, NY 13669
MLS #S1077490

Apartment Building
    A-Active $239,000
    Est. P&I payment: $912.82/mo
    Description for 409 Main Street, Morristown, NY 13669
    Investors check this out. This is your opportunity to have immediate cash flow. Situated in a quaint village on the St. Lawrence River. Seven spacious units all with separate utilities. Potential for Gross Annual income of $48,000. Tenants pay all utilities. Insurance is around $3,064. Sellers currently pay 10% of rents collected to the property manager who also provides maintenance. Rents are stated in listing.
    MLS #S1077490
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    My Notes for MLS #S1077490

    General Features

    • Listing Type: Exclusive Right To Sell
    • Property Type: 5 + Unit Apartments
    • Status: A-Active
    • Total Num of Apartments: 7
    • Type of Sale: Normal
    • Year Built: 1960
    • Year Built Description: Existing
    • Num of 2 Bedroom Apartment: 4
    • Num of 3 Bedroom Apartment: 3

    Exterior Features

    • Driveway Description: Dirt
    • Exterior Construction: Vinyl
    • Garage Spacesper Apt: No Garage Spaces
    • Lot Dimensions Depth: 49
    • Lot Dimensions Frontage: 158
    • Lot Information: Primary Road,​Water View
    • Lot Number: 8
    • Num of Acres: 0.32
    • Parking Spacesper Apt: 1 Space
    • Roof Description: Metal

    Interior Features

    • Basement Description: Full
    • Floor Description: Ceramic-Some,​Hardwood-Some,​Laminate-Some,​Wall To Wall Carpet-Some
    • Kitchen Equip Appl Included: Oven/Range Electric-Some,​Refrigerator
    • Num of 1 Bedroom Apartment: 1
    • Num of Stories: 3
    • Sq Ft Total: 11,730

    Utility Features

    • Heating Fuel Description: Oil
    • HVAC Type: Baseboard,​Forced Air
    • Num of Electric Meters: 8
    • Num of Heating Units: 7
    • Sewer Description: Sewer Connected
    • Water Heater Fuel: Electric
    • Water Resources: Public Connected

    Financial Features

    • City Village Tax: 3,095
    • First Bedrm Average Month Rent: 550
    • Incomeexpense Information: Provided By Owner
    • Operating Expenses Include: Accounting/Legal,​Exterior Maintenance,​Insurance,​Management
    • Rent Includes: Apartments Unfurnished,​Grounds Maintenance,​Snow Removal
    • School Tax: 3,512
    • Second Bedrm Average Month Rent: 600
    • Third Bedrm Average Month Rent: 625
    • Total Taxes: 9,465
    • Town County Tax: 2,858

    Community Features

    • Amenities Included: No Amenities
    • County Or Parish: St Lawrence
    • Nearest Cross Street: Northumberland
    • Village: Morristown-Village

    School Features

    • School District Name: Morristown


    Street View Not Available
    Directions to 409 Main Street, Morristown, NY 13669
    From Route 37, turn onto Main Street. Enjoy the river view as you look for building on left.
    The listing information for 409 Main Street, Morristown, NY 13669 was graciously provided by our friends at the listing brokerage, WEICHERT, REALTORS - Thousand Islands Realty LLC

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    P&I Payment $912.82
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    Last Updated 03/23/2018 at 12:24pm