Property Price
$550,000
Rooms
15
Bedrooms
0
Bathrooms
0
Tax Annual Amount
$8085
Lot Size Area
0.1354
MLS Status
Closed
MLS #
2113462R
Awesome Opportunity for a CASH machine 3 family for Investor or live in 1 unit and rent other 2*Property consists of renovated 2 family upstairs and downstairs,as well as a third unit ground level with high ceilings currently gutted(was previously commercial-Variance granted by town for 3rd residential unit)*Large back room for can be seperate storage units*big parking area*Upstairs currently rented with lease($1645 gas included)* Downstairs Being left vacant for option for buyer(was rented $1700 paying 1/2 gas)*Seperate Electric Meters*Gross rent 2 fam=$40k(3rd unit when completed easy $2000) to yield $60,000 gross rent. Insurance-$2,400,taxes-$8000,water/sewer-$600,1/2 gas-$600(current expenses=$11,600)Projected work needed $90,000,new projected yearly expense-$14,000**Looking at NOI Apprx. $46,000 with a CAP Rate .0718** Located just down the street from Train station to NYC and restaurants, stores,shopping,schools and major Hiway access
Days On Market
100
CarportSpaces
0
GarageSpaces
0
