Description
Excellent investment or owner-occupied opportunity! This 3-family home with a 3-car garage is located in the East End, near Hamilton Park. Recent updates include: new roof in 2016, fire-rated doors in the property, three newer garage doors, thermal pane replacement windows, renovated 1st floor, and also having been lead abated. The porches have previously been rebuilt & fresh paint has been done throughout. Units boast kitchens & baths with updates as well as a mix of refinished hardwood & luxury vinyl plank flooring. 1st floor just recently renovated & is ready for an owner-occupant or a new tenant at market rents. 2nd & 3rd floors currently are rented and are also in good condition. First and second floor is 5 rooms with 2 bedrooms, and the third has 6 rooms and 3 bedrooms. Whether using strictly as an investment or planning to occupy, there's potential for strong income! With pro forma market rents, as well as adding more cost-effective measures on expenses, there's a great chance to yield 9.6%+ CAP rate. Added benefits of the property include a convenient location close to many amenities including pool, recreation, restaurants, the bus line, Brass Mill Mall, 2 major hospitals plus other medical facilities, and the Metro-North. Easy access main highways, I-84 & Rt. 8. Come check it out and see for opportunity!
-
7BEDS
-
0.13ACRES
-
3BATHS
-
01/2 BATHS
-
2,976SQFT
-
$143$/SQFT
School Information
Description
Excellent investment or owner-occupied opportunity! This 3-family home with a 3-car garage is located in the East End, near Hamilton Park. Recent updates include: new roof in 2016, fire-rated doors in the property, three newer garage doors, thermal pane replacement windows, renovated 1st floor, and also having been lead abated. The porches have previously been rebuilt & fresh paint has been done throughout. Units boast kitchens & baths with updates as well as a mix of refinished hardwood & luxury vinyl plank flooring. 1st floor just recently renovated & is ready for an owner-occupant or a new tenant at market rents. 2nd & 3rd floors currently are rented and are also in good condition. First and second floor is 5 rooms with 2 bedrooms, and the third has 6 rooms and 3 bedrooms. Whether using strictly as an investment or planning to occupy, there's potential for strong income! With pro forma market rents, as well as adding more cost-effective measures on expenses, there's a great chance to yield 9.6%+ CAP rate. Added benefits of the property include a convenient location close to many amenities including pool, recreation, restaurants, the bus line, Brass Mill Mall, 2 major hospitals plus other medical facilities, and the Metro-North. Easy access main highways, I-84 & Rt. 8. Come check it out and see for opportunity!
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-09-26T15:10:34.23.