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25 Fremont Street, Harrison, NY 10528

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For Sale

$1,600,000

9 beds4 baths3,415 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $468.52
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Fully leased triplex in Harrison generating a solid 7%+ cap rate, with immediate value-add upside. Current monthly rent roll totals $12,655 with low annual expenses of $37,221, producing a net operating income of $114,639. Unit Breakdown: 4BR/1BA: $4,450/month 3BR/1BA: $4,300/month 2BR/2BA: $3,905/month All tenants pay electric and gas (except for the 2BR unit, where the landlord covers utilities). Each unit includes in-unit laundry. A large 2-car garage, not currently used by tenants, offers a clear opportunity to add $750 $1,000/month in storage income, increasing the cap rate to nearly 8%. Rents may also be below market value and can be raised over time as leases roll over. Located on a quiet dead-end street with a short commute to Metro-North, shops, and top-rated schools, this property offers long-term rental stability in a high-demand Westchester market. Fully occupied, cash flowing, and primed for even stronger returns. (Photos and floorplan are of the top floor 4 bedroom unit. It is currently fully rented.)
MLS# 863987

Courtesy Of Keller Williams Hudson Valley Realty & United

(845) 639-0300

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Colonial
  • Exterior Type
    Stone, Stucco
  • Lot Size
    0.13 Acres

Map and Directions

Directions to 25 Fremont Street, Harrison, NY 10528
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