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Property Description

Sound investment property with tenants in place on a month to month basis. Nothing to do but take possession and collect rent! Updates in 2019 include electrical, plumbing, windows, 3 new heating units, 3 new kitchens and baths, exterior painting, and paved parking lot. Tenants in each unit pays for their own gas and electric usage, which incudes a washer and gas dryer provided for each unit. Washer and dryer usage paid by tenants. Private, off-street parking on premises. Cap rate is 5.51%. Net operating income currently $60,628

Features
Heating System:
Natural Gas
Cooling System:
No
Basement:
Full, See Remarks, Common
Fence:
Back Yard
Accessibility Features:
Ada Access
Appliances:
Dishwasher, Oven, Refrigerator
Community Features:
Park
Exterior Features:
Balcony
Flooring:
Hardwood, Vinyl
Interior Features:
Entrance Foyer, First Floor Bedroom, First Floor Full Bath
Laundry Features:
In Basement
Lot Features:
Near Public Transit
Parking Features:
On Street, Driveway, Private, Off Street, Parking Lot
Sewer:
Public Sewer
Utilities:
Trash Collection Public, Natural Gas Connected, Electricity Connected, Water Connected, Sewer Connected
Address Map
City:
New Rochelle
State:
NY
County:
Westchester County
Directions:
Central Ave to Battle Ave to Tomkins Manor Complex #505
Property and Construction
Architectural Style:
High Rise
Association Amenities:
Elevator
Association Fee Includes:
Heat, Hot Water, Sewer
Construction Materials:
Brick
Development Status:
Brick, Aluminum Siding, Stucco
Elementary School:
Columbus
High School:
New Rochelle High School
Inclusions:
A/c Units, Dishwasher, Refrigerator
Levels:
One
Agent MlsId:
24780
Office MlsId:
WILRAV12
MiddleOrJunior School:
Isaac E Young Middle School
Number Of Units:
3
Senior Community:
1
Special Listing Conditions:
No
Stories Total:
8
Tax Annual Amount:
$23,872
Water Source:
Public
PhotosCount:
23

Residential Income For Sale

38 Madeleine Avenue, New Rochelle, NY

8 Bedrooms
3 Bathrooms
$1,100,000
Listing ID #834759
Basic Details
Property Type :
Residential Income
Property SubType :
Triplex
Listing ID :
834759
Price :
$1,100,000
Bedrooms :
8
Bathrooms :
3
Bathrooms Total :
3
Building Area :
3,172 Sqft
Year Built :
1908
Status :
Active
Status :
Active
Listing Office :
William Raveis Real Estate
Listing Agent :
Sally K. Griffiths
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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