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listing
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MultifamilyFor Sale
$1,100,000
38 Madeleine Avenue
New Rochelle, NY 10801
Listed by: William Raveis Real Estate, 914-723-1331
MLS: OneKey MLS
8Beds
3Baths
Est. Mortgage
$5,778/mo

Sound investment property with tenants in place on a month to month basis. Nothing to do but take possession and collect rent! Updates in 2019 include electrical, plumbing, windows, 3 new heating units, 3 new kitchens and baths, exterior painting, and paved parking lot. Tenants in each unit pays for their own gas and electric usage, which incudes a washer and gas dryer provided for each unit. Washer and dryer usage paid by tenants. Private, off-street parking on premises. Cap rate is 5.51%. Net operating income currently $60,628

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Information courtesy of William Raveis Real Estate is subject to verification and is not guaranteed.
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