Sold

38 Madeleine Avenue, New Rochelle, NY 10801

Beds
8
Baths
3
Sqft
3,172

View property features, location on map, relevant school information and overview from seller's agent.

Listed byWilliam Raveis Real Estate
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Overview

Sound investment property with tenants in place on a month to month basis. Nothing to do but take possession and collect rent! Updates in 2019 include electrical, plumbing, windows, 3 new heating units, 3 new kitchens and baths, exterior painting, and paved parking lot. Tenants in each unit pays for their own gas and electric usage, which incudes a washer and gas dryer provided for each unit. Washer and dryer usage paid by tenants. Private, off-street parking on premises. Cap rate is 5.51%. Net operating income currently $60,628

Location

Full feature list

Basic info

Number of bedrooms
8
Number of bathrooms
3
Square feet
3,172
Lot size (acres)
0.09
Year built
1908

Interior features

Basement
Yes

Utilities

Heating
Natural gas
Cooling
None
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$3,500

Taxes

Tax Annual Amount
$23,872

Public schools

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Sourced from: Onekey MLS MLS®#: 834759 Last checked:

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