UNIQUE HIGH-NET INVESTMENT OPPORTUNITY IN CHAPPAQUA SCHOOLS - 5 MIN WALK TO TRAIN. LIVE IN ONE UNIT AND COLLECT INCOME FROM TWO UNITS. LEGAL THREE-FAMILY PROPERTY WITH ONE SINGLE-FAMILY 2BR/2BA RESIDENCE AND A TWO-FAMILY (4BR/2BA) RESIDENCE. HIGH RENTS - $167K ANNUAL GROSS/ $135K NET. ALL UNITS CURRENTLY RENTED BUT TWO OF THREE UNITS EXPIRE 7/31/26, SO THERE IS FLEXIBILITY. SINGLE FAMILY TENANT (BACK HOUSE) AND FIRST FLOOR TENANT (FRONT HOUSE) WOULD LIKE TO STAY IF POSSIBLE. BOTH HOUSES COMPLETELY GUTTED AND RENOVATED IN 2018-19 WITH NEW PLUMBING, ELECTRIC, KITCHENS, BATHS, HVAC, WINDOWS, LANDSCAPING, ETC.
4,233 Sq Ft
0.61 Private Acres Lot Size
investment
$27,432 Annual Tax
Built in 1928
MLS/Listing ID 987273
3 Units
Heating - Propane
Heating - Natural Gas
Living Room Fireplace
Cooling - Central Air
Construction - Stucco
Parking - Driveway
Master Downstairs
Pantry
Original Details
Open kitchen
Open Floor Plan
Eat-in Kitchen
Crown Molding
Public Water
Septic System