Multi Family 2-4 in Westchester County
| MLS Number | 834759 |
|---|---|
| Address | 38 Madeleine Avenue, New Rochelle, NY 10801 show map |
| Price | $1,100,000 show mortgage calculator |
| Acres | 0.089990817263545 |
| Year Built | 1908 |
| Est. Sq. Footage | 0 |
| Elementary School | Columbus |
| Jr High-Middle School | Isaac E Young Middle School |
| High School | New Rochelle High School |
| Estimated Taxes | $23,872 |
| Total Apt Units | 3 |
| Total Bedrooms | 8 |
| # 2 Brs | 1 |
| # 3 Brs | 2 |
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
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