6 Unit building in the heart of White Plains. Building consist of (2) 1 bedroom apartments, (2) Jr 4 apartments & (2) 2 bedroom apartments. NOI is 68K. Current cap rate is 8% with some upside. At a 9% ROI better than the stock market right now. The building will be converted to a gas boiler by the end of October. Property can also be purchased with 8 Chestnut Hill Ave (Large Single Family Home rented for $3700) & 10 Chestnut Hill Ave (Vacant buildable lot). Inquire for package price.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
