409 Main Street
Morristown, NY 13669

Est. Mortgage: $1,160/mo
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  • 11,730
Multi-Family Home

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.

Property Details
  • Morristown
    school district
  • $9,465.00
  • 1960
  • 3
  • S1077490
Electric range
Electric oven
Baseboard heat
Forced air heat
Oil heat
Ceramic tile flooring
Hardwood floors
Wall to wall carpeting
Laminate flooring
Full basement
School district: Morristown
Vinyl siding
Lot acreage is: 0.3200
Lot size: 49x158
Lot number: 8
Metal roof
Earth driveway
Public water
Total square feet: 11730
Courtesy of:
WEICHERT, REALTORS - Thousand Islands Realty LLC

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Name Type GreatSchools
Morristown Central School Pre-School, Elementary School, Middle School, High School / Public 5 0.07 mi.
Amish School/Pleasant View School * Elementary School, Middle School / Private N/A 8.83 mi.
Elm Grove School * Elementary School, Middle School / Private N/A 8.71 mi.
Townline School * Elementary School, Middle School / Private N/A 6.12 mi.
Twin Maples School * Elementary School, Middle School / Private N/A 7.86 mi.
Academy at Ivy Ridge * Middle School, High School / Private N/A 5.28 mi.
Address Distance Sale date Sale price
35 PARK ST/TERRACE PARK/PRVT 0.9 mi. 9/22/2016 $36,000
{"markerType": "ForSale", "lat": "44.58591", "lng": "-75.64809", "Address": "409 Main Street", "City": "Morristown", "StateProv": "NY", "ZipCode": "13669"}
{"markerType": "Sold", "lat": "44.59672", "lng": "-75.637958", "Address": "35 PARK ST/TERRACE PARK/PRVT", "City": "MORRISTOWN", "StateProv": "NY", "ZipCode": "13664"}
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The approximate monthly principal & interest payment for this property would be $1,160.30.

This payment is based on a 30-year loan at a fixed rate of 4.500 % - APR 4.573 % with a down payment of $11,950. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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409 Main Street, Morristown, NY 13669 multi-family home offered for sale at $239,000.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprosity(sm) Program of the Central New York Information Service, Inc. Multiple Listing Service. Real estate listings held by brokerage firms other than Howard Hanna Real Estate are marked with the Broker Reciprosity(sm) thumbnail logo and detailed information about them includes the name of the listing brokers. © 2018 Central New York Information Service, Inc. All rights Reserved. Information deemed reliable but not guaranteed.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.