442 North Avenue
House in New rochelle
building info
9
3
3,800 ft²
$204 / ft²
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List price

$775,000

57
days on market
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last price change
$3,882
estimated payment
$750
taxes
N/A
monthly maintenance
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Description
Rare opportunity to acquire a solid income-producing two-family property on North Avenue which has potential development opportunities in the future. This property is comprised of a 3 Bed/1 Bath apartment on the first floor and a 6 bedroom/2 Bath Duplex apartment on floors 2 and 3. The walk-out basement contains a fairly new boiler, hot water heater, oil tank, gas, and electric meters as well as ample storage space. The side alley leads to a side entrance and to a level back yard. The apartments are well maintained and fully leased. In addition to this property being a low maintenance income-producing asset, the lot, along with the neighboring lot, may allow for a future mixed-use development with additional stories above the allowable height possible by utilizing DOZ-5 zoning variances (please verify allowable uses with the New Rochelle Building and Zoning Department). This is a unique offering in a vibrant and growing part of New Rochelle.

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History
What it'll cost
Mortgage
All cash
Purchase price
Estimated closing cost
$23,000
Estimated Yoreevo rebate
Total monthly cost
$3,882
Down payment
Mortgage
$3,132
for
yrs
Mortgage
for
yrs
$3,132
Taxes
$750
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Information ©2020, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

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