Calling all investors This is your opportunity to own a fully occupied mixed use investment property with an 8% cap rate. Three story brick building features one store plus five residential units that are well below market value. There are two 3 bedroom units, two 2 bedroom units and a 1 bedroom unit. Each unit features large rooms, 10' ceilings and month to month occupancy. Add a rent roll with 15% increase possible, low maintenance and reasonable expenses. Storefront is leased through 2024 with a current rent of $2,800 and yearly increases built in. Easy walk to Metro-North, major highways, hospital, shops, restaurants, and the heart of New Rochelle. Great tenants, great income, great property Look no further Come today
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
