16 Clinton Place – Excellent Investment Opportunity! Spacious 4-bedroom, 2-bath Victorian with approximately 2,628 sq. ft., a full basement, and detached garage. Current rents are $1,900/month for Unit 1 and $1,850/month for Unit 2, while current market rents are estimated at approximately $2,200/month for each unit, offering strong upside potential. Currently at only a 4.10% cap rate, with the potential to increase to approximately a 6.5% cap rate through rent growth. Offered exclusively as part of an 8-property assemblage sold as one package. Rare investment/development opportunity—place your offer today!
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Zillow last checked:
Listing updated:
Listed by:
MS Realty Group USA, Inc845-367-7470,
Asher Berkovic845-213-7932,
Aaron Gestetner917-588-7425,
MS Realty Group USA, Inc
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1038837
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Heating
Electric, Hot Water
Cooling
Varies by Unit, Wall/Window Unit(s)
Features
First Floor Bedroom, First Floor Full Bath
Windows: Shutters, Triple Pane Windows
Basement: Full
Attic: Full
Has fireplace: No
Interior area
Total structure area: 2,628
Total interior livable area: 2,628 sqft
Property
Parking
Total spaces: 2
Parking features: Detached
Garage spaces: 2
Features
Fencing: None
Has view: Yes
View description: Neighborhood
Lot
Size: 0.28 Acres
Dimensions: 75 ft × 160 ft
Features: Back Yard, Front Yard, Landscaped, Near Public Transit, Near School
Details
Additional structures: Garage(s)
Parcel number: 392607.054.0440001004.000/0000
Special conditions: None
Other equipment: Other
Construction
Type & style
Home type: MultiFamily
Architectural style: Victorian
Property subtype: Duplex, Multi Family
Materials
Wood Siding
Foundation: Concrete Perimeter
Condition
Actual
Year built: 1990
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Community
Features: Sidewalks
Security: Other, Smoke Detector(s)
Subdivision: Builder’s Tract–Multifamily Development Potential
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.