Property Listing No Longer Available for Sale

226 Webster Avenue, New Rochelle, NY

Multi-family for Sale - $1,350,000


Property Info

CIMLS#1121210
Location
  226 Webster Avenue
  New Rochelle NY 10801
UpdatedMay 20th, 2022
TypeMulti-family
Price$1,350,000

Property Description

Brick 8 family building less than 10 blocks to the New Rochelle train station offers seven (7) one bedroom/one bath apartments and one (1) three bedroom/one bath apartment. This three-story brick building also offers wide, clean and bright hallways, an intercom system, eight parking spaces, a three year old roof and an above ground oil tank. The current rent roll is $133,000 per year. The current expenses including taxes, heat, hot water, insurance, electric, maintenance, exterminator and property tax is $52,000 per year. The net income is $81,000 and the CAP rate is 6.0%. This building will not last, call us today!


Financials



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