7 rental apartments with first floor laundry mat. Laundry mat is leased at $1175/month with a 13 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. Laundry mat is for sale with equipment and business but is for sale for a separate price.
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Property Information
Price:
$389,000389000
MLS#:
206744
Type:
Multi-Family
Area: Malone, New York
Acres:
0.07
Lot Dimensions:
.07
School District:
Malone
Tax Map:
112.33-8-8
Total Taxes:
$3,786
Year Built:
1900