"This exceptional property presents an enticing investment or owner-occupied opportunity! Nestled in the vibrant East End near Hamilton Park, this 3-family home boasts recent upgrades including a new roof installed in 2016, fire-rated doors, newer garage doors, thermal pane replacement windows, a renovated 1st floor, and lead abatement. The charming porches have been rebuilt, complemented by fresh paint throughout the property. Each unit showcases updated kitchens and baths, along with a blend of refinished hardwood and luxury vinyl plank flooring. The first floor has undergone a recent transformation, now ready for an owner-occupant or a new tenant at competitive market rents. Garage rented $600/mo. The second and third floors are currently leased and impeccably maintained. Featuring 5 rooms with 2 bedrooms on the first and second floors, and 6 rooms with 3 bedrooms on the third floor, this property offers versatility and income potential. Pro forma market rents and strategic expense management yield a promising CAP rate exceeding 9.6%. Beyond its financial appeal, this property enjoys a prime location near diverse amenities including pools, recreational facilities, dining options, convenient access to the bus line, Brass Mill Mall, major hospitals, medical facilities, and the Metro-North station. Commuting is a breeze with easy access to main highways I-84 and Rt. 8. Don't miss! Schedule a visit today to explore the potential this property holds.
$429,925 • 1.75%
Make OfferJayson Kemp, Five Stars Realty
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