440 6th Ave, Pelham, NY 10803

Investor wanted for this three family home on quiet Pelham street includes large two bedroom/one bath, living room, eat in kitchen on first level, three bedroom/one bath, living room/fpl, eat in kitchen on second level, one bedroom/one bath, living room and galley kitchen on third level. This stucco home also offers a long driveway and detached garage. The current rent roll is $54,000 per year. Expenses including taxes, heating, water, insurance and con ed are approximately $36,000. Debt service with 30 percent down payment is approximately $21,000 per year. Taxes do not reflect NYS STAR tax exemption. Home currently assessed for $540,000 and taxes can be grieved lowering taxes and expenses by $2,400 per year.