Investing in your first income property? Building your portfolio? this 4 unit, 6800 sq ft property is a fit for both offering a great location, public & private parking, immediate income and room for your business if you so choose. Located on Main Street Morristown just steps to the St.Lawrence River, there are 2 office spaces on street level, one is an attorneys office in a long term lease, ($700/month) the other is vacant & available. The 2nd floor, also currently leased, is a fully remodeled 3 BR, 2 BA apartment($1000/month) complete with a 2 stall attached garage, hardwood floors, stainless steel appliances, custom cabinets & granite countertops. Gas fireplace in the sitting room, formal dining room with access to the sprawling composite deck running the full length of the side of the building entering back into the kitchen & a large covered front porch. On the 3rd floor is a vacant 1 BR, 1 BA apartment that with some updates and repairs will be ready to go. Great income potential!
Morristown is located in New York. Morristown, New York has a population of 1,704. Morristown is less family-centric than the surrounding county with 16.36% of the households containing married families with children. The county average for households married with children is 26.61%.
The median household income in Morristown, New York is $50,402. The median household income for the surrounding county is $48,330 compared to the national median of $57,652. The median age of people living in Morristown is 52.8 years.
The average high temperature in July is 79.8 degrees, with an average low temperature in January of 4.9 degrees. The average rainfall is approximately 39.9 inches per year, with 69.7 inches of snow per year.
