Calling all Investors Great value added opportunity to re-position this amazing 3 family home with Below Market Rents. PROJECTED 6% CAP RATE. Don't miss this chance to purchase this rare incoming producing home in the heart of Pelham. Walking distance to Metro North Train, Village, Shopping, Restaurants, the Elementary School and Park/Playground also easy access to Parkway. This home has Two 2-bedroom 1 bath units and One 1-bedroom 1 bath unit. The first floor unit offers a lovely front sun room that offers additional living space. All units offer Eat-In-Kitchens. Three separate new boilers, hot water tank was installed in 12/17 and also offers separate Electric and Gas Meters, 2 coin operated washer/dryers. Plenty of parking available - large 2 car detached garage as well as ample space in the driveway. This property is ideal for an owner occupant looking for rental income or a savvy investor. Lots of upside potential
Off market
$1,208,000
416 4th Ave, Pelham, NY 10803
5beds
2,860sqft
MultiFamily
Built in 1910
-- sqft lot
$1,208,000 Zestimate®
$422/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other, Gas
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 2,860 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Stucco
Lot
- Size: 5,087 sqft
Details
- Parcel number: 5544001632824
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1910
Community & neighborhood
Location
- Region: Pelham
Other
Other facts
- Amenities: Close to Bus, Close to Park, Close to Railroad, Close to School, Close to Shops, Eat in Kitchen
- Garbage: Public
- Parking: Driveway
- Property Type: Multi-Family 2-4
- Status: Active
- Water Description: Municipal
- Heating Type: Steam, Radiator
- Siding Description: Stucco
- Hotwater: Gas Stand Alone
- Lot Description: Level
- Post Office: Pelham
- Village: Pelham
- Sq Ft Source: Municipality
- Tax Source: Municipality
- Tax Amount: 19043
- Sewer Description: Municipal
- Tax Year: 2018