$ 1,495,000
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$1,495,000
Price -
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Bed -
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Bath -
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SqFt
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About the Listing SPADAR - 3958,7276
Rare FIVE-FAMILY family investment opportunity consisting of two separate buildings with off-street tenant parking and substantial income-growth potential. The 2,052-square-foot front building offers three units: a spacious four-bedroom duplex with 1.5 baths and two additional two-bedroom apartments. The 1,612-square-foot rear building contains two three-bedroom apartments. Current rents are well below market (annual income approx. $135K,) and there are presently no written leases in place, offering flexibility for future rent adjustments, subject to applicable laws and regulations. PROJECTED annual income is approximately $220,000 based on anticipated market rents. Each building is served by one gas boiler, with heat paid by the owner. Every apartment has a separate electric hot-water heater, with electricity paid by the tenant. An excellent value-add opportunity for investors seeking strong cash-flow potential in a desirable Mamaroneck location.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Hot Water,Natural Gas
- Fireplaces:
- Floor: Combination
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Bilco Door(s),Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Near Public Transit,Near School,Near Shops,No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 6
- Roof:
- Others: Actual,Renovated
- Sewer: Public Sewer
- Parking Features: Off Street,Shared Driveway
Financial Details
- Tax Amount: $25,900
- Taxes w/Assessments: N/A
- Tax/Property ID: 3203-008-000-00023-000-0596
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
124 Center Ave Mamaroneck, NY 10543
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