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6163 Horton AVE New Rochelle, NY 10801
7,405 Sqft Lot
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 937797
Rental Info No
Year Built 1900
Annual Tax Amount $23,497
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Multi Family
Source onekey2
Property Description
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%
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%
Location
State NY
County Westchester County
Rooms
Basement Partially Finished
Interior
Heating Oil
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Garage, Parking Lot
Utilities Available Trash Collection Public
Total Parking Spaces 4
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Stucco
Schools
Elementary Schools Trinity Elementary School
Middle Schools Albert Leonard Middle School
High Schools New Rochelle
School District New Rochelle
Others
Special Listing Condition None
Listed by Home Sweet Home Properties • Renata Staroselsky
Nearby Locations