This 1840 Home Has 6 Bedrooms, 3 Baths and 1 Acre — But It Needs Work
A historic property in Malone, New York, presents an unusual opportunity for buyers interested in restoring an older home. The two-story residence dates to approximately 1840 and is listed with about 2,406 square feet of living space, six bedrooms, three full bathrooms, and approximately 1.05 acres of land.
The property is offered at a notably low asking price of $19,000, but the price reflects its current condition. The home has experienced fire and smoke damage and is being sold as-is, where-is. As a result, this is not a move-in-ready property. Instead, it may appeal to buyers with renovation experience, restoration knowledge, or a willingness to undertake a substantial improvement project.
Property Details
According to the listing information, the property includes:
Approximately 2,406 square feet of living space
Six bedrooms
Three full bathrooms
Approximately 1.05 acres
Two-story design
Construction dating to approximately 1840
Brick exterior
Metal roof
Block foundation
Full basement
Large carriage-style garage
Two garage spaces
Public water
Public sewer
Oil heating
Residential zoning
The combination of an older structure, relatively large floor plan, and more than one acre of land gives the property several characteristics that may interest restoration-minded buyers.
However, the listed price should not be viewed as the total cost of acquiring a finished home. A buyer would need to consider renovation expenses, inspections, permits, utilities, materials, labor, insurance, and other ownership costs.
A Historic Home With Distinctive Character
A construction date around 1840 makes this property considerably older than most conventional residential buildings.
Historic homes can contain architectural features, proportions, materials, and construction details that are difficult to reproduce in modern houses. For buyers who appreciate older properties, restoring an early nineteenth-century home can be an opportunity to preserve some of that character while updating the residence for modern living.
At the same time, an older property requires careful evaluation. The age of the building alone does not establish its condition.
Before purchasing, prospective buyers should have qualified professionals evaluate the foundation, framing, masonry, roof, electrical systems, plumbing, heating equipment, windows, doors, basement, and other major components.
Because the property has also experienced fire and smoke damage, additional inspection may be necessary to determine which areas require repair or replacement.
Significant Renovation Requirements
The home’s current condition is one of the most important factors for anyone considering the property.
Fire and smoke damage can affect more than the visibly damaged areas. Depending on the circumstances, restoration may involve structural components, interior surfaces, insulation, electrical systems, mechanical equipment, ventilation, and other parts of the building.
The listing reportedly describes the structure as sound, but buyers should independently verify the condition through appropriate inspections.
The absence of listed electrical service is another detail that deserves attention. A prospective owner should determine why electrical service is unavailable and what would be required to restore it.
Water and sewer are reportedly public services, but their current status should also be confirmed before purchase.
Six Bedrooms and Three Bathrooms
The property’s six-bedroom, three-bathroom configuration provides considerable interior space.
The original arrangement is reportedly described as five bedrooms plus a one-bedroom apartment. That layout may provide flexibility for a future owner, although the legal status of any separate living area should be confirmed.
Potential future configurations could include a large single-family residence, a multi-generational home, or another residential arrangement permitted by local regulations.
Buyers should not assume that an existing room arrangement automatically qualifies for a particular use. Zoning requirements, building codes, permits, occupancy rules, and utility requirements should all be reviewed before making plans.
Large Carriage-Style Garage
Another notable feature is the large carriage-style garage.
The listing indicates two garage spaces, providing additional storage and parking capacity. For someone undertaking a major renovation, the garage could also provide useful space for storing tools, materials, and equipment.
The garage should be inspected separately from the main residence. Its roof, foundation, framing, doors, electrical components, and overall condition can all affect the property’s renovation requirements.
Its traditional appearance may also complement the historic character of the main house.
More Than One Acre of Land
The property occupies approximately 1.05 acres, giving the future owner a substantial amount of outdoor space.
The lot could provide room for landscaping, gardens, outdoor seating, recreation, or other permitted improvements. Any plans for additional structures or major changes to the property should be checked against local zoning and building requirements.
The combination of a village location and more than one acre may be attractive to buyers who want access to nearby community services while retaining a relatively spacious residential lot.
Public Utilities and Heating
The listing reports public water and public sewer, which can be useful features for a residential renovation.
Nevertheless, prospective buyers should verify whether the services are currently connected and operational and whether any repairs or reconnection work will be required.
The home reportedly uses oil heating and has a boiler that is approximately five years old. The age of the boiler may be a positive consideration, but its current condition should be professionally evaluated.
Because the property has experienced fire and smoke damage, all heating components should be checked for possible exposure to heat, smoke, water, or other damage.
Full Basement
The residence also includes a full basement.
In an older home, the basement can provide valuable storage and utility space, but it can also reveal important information about the property’s overall condition.
Prospective buyers should inspect the basement for moisture, drainage issues, foundation movement, plumbing concerns, damaged materials, and other potential problems.
The block foundation should receive particular attention as part of the overall structural assessment.
Brick Exterior and Metal Roof
The brick exterior contributes to the property’s traditional appearance and historic character.
Older masonry should be inspected for cracks, deteriorated mortar, moisture-related problems, and previous repairs. The condition of the brickwork can influence both restoration costs and the long-term maintenance requirements of the property.
The metal roof should also be evaluated for its age, condition, remaining service life, and any areas that may have been affected by the property’s previous damage.
Roof condition is particularly important because water intrusion can contribute to additional deterioration inside an older building.
Who Might Consider This Property?
This type of property is likely to appeal most strongly to buyers who understand that the low purchase price comes with substantial responsibilities.
A renovation contractor, experienced homeowner, restoration enthusiast, or real estate buyer with appropriate resources may see potential in the property’s size and layout.
However, the property should not be viewed as a guaranteed investment or a certain path to profit. Renovation projects can involve unexpected expenses, and the final value of a completed property depends on numerous factors, including construction costs, local market conditions, finished quality, financing, and future buyer demand.
A detailed renovation estimate should therefore be prepared before making a purchase decision.
Restoring an Older Home
A successful restoration could potentially preserve the home’s historic character while introducing modern improvements.
A future renovation might involve updating the kitchen and bathrooms, improving insulation, repairing or replacing damaged systems, upgrading electrical service, addressing plumbing needs, improving heating controls, and restoring interior finishes.
The objective does not necessarily have to be to make the house look entirely new. A thoughtful restoration can combine original architectural character with modern comfort and functionality.
The property’s existing size provides flexibility for creating bedrooms, offices, guest spaces, storage areas, or other rooms according to the owner’s needs and applicable regulations.
Important Due Diligence
Because the property is being sold as-is, where-is, buyers should conduct thorough due diligence before proceeding.
Important areas to investigate include:
Structural condition
Fire and smoke damage
Roof condition
Foundation and masonry
Electrical service
Plumbing systems
Heating equipment
Water and sewer connections
Basement condition
Building-code requirements
Zoning regulations
Legal bedroom and bathroom count
Status of any apartment or separate living area
Garage condition
Property boundaries
Insurance availability
Required permits
Estimated renovation costs
Local property values
An inspection by appropriately qualified professionals can help a buyer understand the scope of the work before committing to the purchase.
A Unique Northern New York Restoration Opportunity
This Malone property stands out because of its combination of historic age, substantial interior space, acreage, and low asking price.
The approximately 2,406-square-foot residence offers six bedrooms and three full bathrooms, while the 1.05-acre parcel provides meaningful outdoor space. The large carriage-style garage, full basement, brick exterior, metal roof, public water, and public sewer add further points of interest.
The property’s condition remains the central consideration. Fire and smoke damage, unavailable electrical service, and the overall requirements of restoring an approximately 1840-era home mean that the eventual renovation could be extensive.
For the right buyer, however, the property may provide an opportunity to restore an older residence rather than starting with a conventional modern home.
Final Considerations
The $19,000 asking price makes this Malone property unusual, but the purchase price is only one part of the overall financial picture.
Anyone considering the property should approach it as a major restoration project and evaluate the complete cost of bringing the residence into safe, functional, and code-compliant condition.
The home’s historic character, six-bedroom layout, three bathrooms, approximately 1.05 acres, and carriage-style garage give it several notable features. At the same time, its fire and smoke damage and as-is sale require careful investigation.
With professional inspections, realistic budgeting, appropriate permits, and thorough research into local requirements, a buyer can make a more informed decision about whether the property fits their goals.
As with any property requiring significant renovation, all listing information, measurements, utility details, zoning, property condition, and potential future uses should be independently verified before purchase.
