in contract
314 Union Avenue
House in New rochelle
building info
8
6
5,400 ft²
$270 / ft²
Save
List price

$1,459,000

63
days on market
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last price change
$7,765
estimated payment
$2,229
taxes
N/A
monthly maintenance
Description
Nicely maintained 6 family brick building located in walking distance to New Rochelle and Pelham Railroad. The building offers two- 2 bedroom apartments on the first level, two- one bedroom units on the second level and two- one bedroom units on the third level. This building also has a detached 1400 square foot garage currently rented with separate electric meter. The roof was updated in 2011 and is in great condition, the hot water gas boiler is in great condition as well. Each unit has 40amp electrical main located in the basement. Current rent roll well below market totaling $110k. Current expenses $44k. Only two leases on market rate rentals currently in place. Everyone else is month to month. No rent stabilization required as this building was updated in 1980 and deregulated.

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History
What it'll cost
Mortgage
All cash
Purchase price
$52,000
Total monthly cost
$7,765
Down payment
Mortgage
$5,536
for
yrs
Mortgage
for
yrs
$5,536
Taxes
$2,229
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