Brick 8 family building less than 10 blocks to the New Rochelle train station offers seven (7) one bedroom/one bath apartments and one (1) three bedroom/one bath apartment. This three-story brick building also offers wide, clean and bright hallways, an intercom system, eight parking spaces, a three...
Brick 8 family building less than 10 blocks to the New Rochelle train station offers seven (7) one bedroom/one bath apartments and one (1) three bedroom/one bath apartment. This three-story brick building also offers wide, clean and bright hallways, an intercom system, eight parking spaces, a three year old roof and an above ground oil tank. The current rent roll is $128,000 per year. The current expenses including taxes, heat, hot water, insurance, electric, maintenance, exterminator and property tax is $51,000 per year. The net income is $77,000 and the CAP rate is 5.65%. This building will not last, call us today!