Courtesy of: Renata Staroselsky, Home Sweet Home Properties, renata@homesweethomeproperties.com
Courtesy of: Renata Staroselsky, Home Sweet Home Properties, renata@homesweethomeproperties.com
$1,250,000
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Lot: 0.17 Acres
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Other
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$1,250,000
6163 Horton Avenue Great Investment Opportunity in the heart of New Rochelle! Six (6) recently renovated 2-bedroom apartments plus storage units, garage, long driveway and parking lot for 5+ cars in two (2) side-by-side Duplexes. Approximate square footage for each unit is estimated. Basement has adequate room for installation on washers and dryers/laundry room. Rental Income (all 2 bedroom/1 bathroom units): 1A $2, 376 1B $1, 440 2A $1, 042 2B $1, 910 3A $1, 980 3B $2, 093 Parking and basement storage rental - $675 Total monthly income - $11, 515 Total annual income - $138, 180 Expenses, Taxes - $23, 000 Insurance - $7, 000 Con Ed, water and fuel ~ $1, 200/month Total annual expenses - $44, 440 NOI - $93, 740 Cap rate - 7.5%
Courtesy of: Renata Staroselsky, Home Sweet Home Properties, renata@homesweethomeproperties.com
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