Spacious duplex opportunity just outside the Village of Malone, offering the benefit of no village taxes while still being close to amenities. Situated on a generous 0.55-acre lot with separate driveways, this property features two units: a 3-bedroom, 1.5-bath apartment and a 2-bedroom, 1-bath apartment. Both units are currently rented at $600/month with tenants paying their own utilities, providing immediate income. While the property does require TLC and renovations, the 3-bedroom unit has seen some cosmetic updates, and the overall size and layout offer strong value-add potential for investors or owner-occupants willing to put in the work. This property is being sold as-is, for a straightforward transaction. At just $75,000, this is an affordable entry point into multifamily investing; schedule your showing today and explore the potential this property has to offer.
Triplex property featuring a spacious one car carriage house/garage with additional storage space above. Ideal location for starting a new business or rental opportunities.
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.
Ideal for investors or owner-occupants looking to offset housing costs, this well-maintained duplex presents a strong income opportunity. Both the upper and lower apartments have been updated and offer separate electric meters and individual heating systems, allowing for efficient and independent utility management. The property is well suited for those seeking a low-maintenance investment or a first-time buyer looking to generate rental income. A solid opportunity to enter the multi-unit market or expand an existing portfolio.
Duplex with upper and lower units one is a 3/1 and the other a 2/1. Ample off street parking front and side porches with a large glassed in porch off the end of second story unit for private enjoyment. With some TLC this duplex can be converted into a great income producing property. Live in one unit while the other pays the mortgage for you. Tons of possibilities with this home just waiting for the right owner to help it reach its' untapped potential.
Welcome to 56 Park Street — the iconic ''Hale House'' in the heart of Malone, NY. This remarkable seven-unit Victorian masterpiece has been meticulously revitalized with an unwavering commitment to quality and preservation. The current owner spared no expense restoring this historic property, seamlessly blending timeless architectural character with modern luxury and performance. Inside, each apartment tells its own story — from original hardwood floors, soaring ceilings, pocket doors, and ornate fireplaces to thoughtful modern upgrades including on-demand hot water systems, in-unit laundry connections, security systems, and contemporary finishes. The result is a rare harmony of 19th-century craftsmanship and 21st-century comfort. The property is comprised of four units in the main residence and three in the beautifully converted carriage house, all fully leased with exceptional rent performance and strong tenant retention. Located near local shops, dining, and community amenities, this offering represents a turnkey, high-performing investment opportunity unlike anything else on the market in Malone. Opportunities to acquire a property of this caliber — rich in history, impeccably maintained, and producing at the top of the market — are exceptionally rare. A true showpiece investment for the discerning buyer seeking both beauty and performance. Financials and detailed income data are available to qualified buyers — serious inquiries only.
This two family is rented with a total of $1,650.00 per month income.
nice 3-Unit Rental ,Large Lot-Upstairs unit needs work-Needs exterior Work has Metal Roof and replacement Windows
Malone is located in New York. Malone, New York has a population of 13,547. Malone is less family-centric than the surrounding county with 24.97% of the households containing married families with children. The county average for households married with children is 25.55%.
The median household income in Malone, New York is $55,426. The median household income for the surrounding county is $55,279 compared to the national median of $69,021. The median age of people living in Malone is 38.1 years.
The average high temperature in July is 78.2 degrees, with an average low temperature in January of 5.8 degrees. The average rainfall is approximately 37.4 inches per year, with 89.5 inches of snow per year.
