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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.)
| Location/Town | Harrison |
| Area/County | Westchester County |
| Prop. Type | Single Family House for Sale |
| Style | Colonial, Contemporary |
| Tax | $20,959.00 |
| Bedrooms | 9 |
| Total Baths | 4 |
| Full Baths | 4 |
| Year Built | 1928 |
| Construction | Frame, Stone, Stucco |
| Total Units | 3 |
| Lot SqFt | 5,663 |
| Cooling | Wall/Window Unit(s) |
| Heat Source | Oil |
| Util Incl | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
| Days On Market | 2 |
| Parking Features | Attached, Driveway, On Street |
| Tax Assessed Value | 9280 |
| Units | 3 |
| School District | Harrison |
| Middle School | Louis M Klein Middle School |
| Elementary School | Parsons Memorial |
| High School | Harrison High School |
| Features | First floor bedroom, first floor full bath, formal dining, high speed internet |
| Listing information courtesy of: Keller Williams Hudson Valley | |