25 Fremont Street, Harrison, NY, 10528
9 beds
4 Full baths
1928
Colonial, Contemporary
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.)
Status:
Active
Type:
Single-family residential
Units:
3
Garage:
2-car
Heating:
Oil
Cooling:
Wall/Window Unit(s)
Parking:
Attached, Driveway, On Street
Acreage:
0.13
Est. Taxes:
$20,959
Assessment
$9,280
Construction
Frame, Stone, Stucco
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Elementary School:
Parsons Memorial
Middle School:
Louis M Klein Middle School
High School:
Harrison High School
School District:
Harrison
Days on Market:
2
MLS #:
863987
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Keller Williams Hudson Valley 845-639-0300