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    OFF-MARKET
    Investment properties

    316 Main St, Morristown, NY 13664

    6,825 SF 0.12 ac lot Built 1960
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US63-2834537
    Property summary
    AI-generated overview

    This iconic 6,825 sq ft multi-use property in Morristown, NY presents a unique investment opportunity with owner-occupancy potential. Located on Main Street, this charming building boasts five units: two street-level commercial spaces (one currently leased long-term), and a vacant unit ideal for studio, office, or retail use, offering excellent visibility and parking. The main level features a beautifully renovated 3-bedroom, 2-bathroom residence with a two-car garage, paved driveway, and many original period details. The custom kitchen includes granite countertops, high-top seating, a scullery, top-of-the-line appliances, a dry bar with wine fridge, and built-ins. A formal dining room with double pocket doors opens to a sitting room with a fireplace. The primary suite includes a deep jetted tub, separate shower, and walk-in closet. An expansive deck runs along the northwest faГ§ade, perfect for entertaining and enjoying views of summer events. The second floor contains two apartments (1BR/1BA and 2BR/1BA) requiring renovation to maximize rental income

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1960
    Total area 6,825 SF
    Lot 0.12 ac (5,280 SF)
    APN 406000 83.049-3-32
    UPID US63-2834537
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Silver & Collins Law Firm Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jacqueline Washburn · 1 yrs held
    Jacqueline Washburn
    since 2025
    1 recorded transaction
    2025
    $159,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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