112 Fremont Street

    Peekskill, NY 10566
    • $525,000
    • STATUS: Active
    • ON SITE: 94 days
    • MLS #: 4852793
    UPDATED: 38 min ago
    $525,000
    • 8
      BEDS
    • 0.06
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,600
      SQFT
    • $202
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Big Income! This fully rented property has gross rents of $60k. Legal 3 family with many recent improvements. Great location near city, schools, park, is always in demand and easy to fill. Further rental upside with minimal capital investment and great candidate for conversion to natural gas saves on both Oil and Electric - gas lines already in utility room. Square footage does not include rear walkout 1BR unit. Investors! GRM of 8.75 and cap rate of 7.37% from day one. 3 units at $5k per month, month to month leases, separate meters. 1 BR rear $1100, 2/3 BR 1st floor $1400, 4/5 BR 2 Full bath duplex $2500 = $5k/mo. Or $60k/yr. Net Income over $38k. Not a foreclosure, short sale, or tear down. It is a great portfolio property for investors who want good cash flow and future upside.

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    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Mark Boyland Real Estate Team | Keller Williams Realty Partners are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-02-19T08:15:08.91.
    www.westchesterhomesnow.com/homes/89477460

    112 Fremont Street Peekskill, NY 10566

    • Price: $525,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 4852793
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,600
    SQFT
    $202
    $/SQFT
    1900
    Built
    Neighborhood:
    Peekskill
    County:
    Westchester
    Area:
    Peekskill
    Elementary School:
    Peekskill
    Middle School:
    Peekskill
    High School:
    Peekskill
    School District:
    Peekskill
    Property Description
    Big Income! This fully rented property has gross rents of $60k. Legal 3 family with many recent improvements. Great location near city, schools, park, is always in demand and easy to fill. Further rental upside with minimal capital investment and great candidate for conversion to natural gas saves on both Oil and Electric - gas lines already in utility room. Square footage does not include rear walkout 1BR unit. Investors! GRM of 8.75 and cap rate of 7.37% from day one. 3 units at $5k per month, month to month leases, separate meters. 1 BR rear $1100, 2/3 BR 1st floor $1400, 4/5 BR 2 Full bath duplex $2500 = $5k/mo. Or $60k/yr. Net Income over $38k. Not a foreclosure, short sale, or tear down. It is a great portfolio property for investors who want good cash flow and future upside.
    Exterior Features

    Construction Description Frame Parking Street Parking Siding Description Vinyl Style Colonial

    Interior Features

    Air Conditioning None Attic Description Partial Basement Description Partially FinishedWalk Out Heating Fuel Oil Above Ground Heating Type Radiator Hot Water Electric Stand Alone

    Property Features

    Adult55 Community No Amenities Close To BusClose To ParkClose To SchoolClose To ShopsFencedPatioPorchWalk Out Basement Garbage Public Gas Available YN Yes Reo Bank Owned 0 Sewer Description Municipal Sq Ft Source Other Tax Amount 11141 Tax Source Municipality Tax Year 2018 Type Of Unit Triplex Village None Water Description Municipal Water Expenses 1528

    Listing courtesy of Derek Eisenberg of Continental Real Estate Group.

    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.


    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Mark Boyland Real Estate Team | Keller Williams Realty Partners are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-02-19T08:15:08.91.
     
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