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About the Listing HOULAW19 - 2123
Fully leased triplex in the heart of Harrison generating around a 7% cap rate, with immediate value-add upside. Current monthly rent roll totals $12,950 with low annual expenses of $35,757, producing a net operating income of $153,808. Unit Breakdown: 4BR/1BA: $4,950/month 3BR/1BA: $4,300/month 2BR/2BA: $3,700/month All tenants pay electric and gas (except for the 2BR unit, where the landlord covers utilities). 1st floor unit includes in-unit laundry. A large 2-car garage, not currently used by tenants, offers a clear opportunity to add $750–$1,000/month in storage income, increasing the cap rate to nearly 8%. Rents may also be below market value and can be raised over time as leases roll over. Located at the end of a quiet no outlet street with a short commute to Metro-North, shops, and Harrison schools. This property offers long-term rental stability in an extremely desirable area! Fully occupied, and primed for even stronger future returns. New above ground 330 gallon oil tank, roof is 10 years old.
Listing Highlights
Interior Details
- Bedrooms: 9
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Multi Units,Wall/Window Unit(s)
- Heating: Baseboard,Oil
- Fireplaces:
- Floor: Carpet,Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: First Floor Bedroom,First Floor Full Bath
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Cul-De-Sac,Landscaped,Near Public Transit,Near Shops,Sloped,No Waterfront
- Garage Capacity: 2 car
- Parking Spaces: 6
- Roof:
- Others: Actual
- Sewer: Public Sewer
- Parking Features: Driveway,Garage
Financial Details
- Tax Amount: $20,959
- Taxes w/Assessments: N/A
- Tax/Property ID: 2801-000-043-00000-000-0008
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
25 Fremont St Harrison, NY 10528
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