SOLD
Description
PRIME LOCATION! TREMENDOUS INVESTMENT OPPORTUNITY solid stucco 8,248 Sq. Ft. 9-Multi Family in RM1 Zoning, Class 411 in great sought-after rent district, White Plains population 58,013. FULLY RENTED with leases; 6- 2 BR+Den units; 3 -1 BR units; Balcony/porch. FLOOR PLANS in photos/video. Tenants pay gas, electric, cable. Owners pay heat & water. 8 Gas Meters, 8 Electric Meters. Within walking distance to city, shops, bus, train (37 minutes NYC), parks, recreation, close to highways. New electrical service 2015; 2-275 gal. above ground oil tanks, Roof 2019 & 2007. GOI:$171,055, NOI:$100,195; Cap Rate of 5.57%@$1.8mil;higher with increased rents. Municipal parking lots/permits within walking distance. Proof of funds/preapproval, confidentiality agreement, Covid19 prior to confirmed appointment. UNIT NUMBERS: LEFT SIDE: 1,3,5.> RIGHT SIDE: 2,4,6> REAR:7,8 >GARDEN: 9.
Listing Courtesy of houlihan lawrence inc.