25 Fremont ST, Harrison, NY 10528
25 Fremont ST, Harrison, NY 10528
25 Fremont ST, Harrison, NY 10528
25 Fremont ST, Harrison, NY 10528
25 Fremont ST, Harrison, NY 10528
25 Fremont ST, Harrison, NY 10528
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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603
$ 1,599,000
Est. payment | /mo

9 Beds

4 Baths

5,845 Sqft Lot

Save
$ 1,599,000
Est. payment | /mo
Save

9 Beds

4 Baths

5,845 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1027388

Style Colonial,Contemporary

Bedrooms 9

Full Baths 4

Rental Info No

Year Built 1928

Annual Tax Amount $20,959

Lot Size 5,845 Sqft

Acres 0.1342

Property Sub-Type Triplex

Source onekey2

Property Description

Fully leased triplex in the heart of Harrison generating around a 7% cap rate, with immediate value-add upside. Current monthly rent roll totals $12,950 with low annual expenses of $35,757, producing a net operating income of $153,808. Unit Breakdown: 4BR/1BA: $4,950/month 3BR/1BA: $4,300/month 2BR/2BA: $3,700/month All tenants pay electric and gas (except for the 2BR unit, where the landlord covers utilities). 1st floor 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 at the end of a quiet no outlet street with a short commute to Metro-North, shops, and Harrison schools. This property offers long-term rental stability in an extremely desirable area! Fully occupied, and primed for even stronger future returns. New above ground 330 gallon oil tank, roof is 10 years old.

Location

State NY

County Westchester County

Rooms

Basement None

Interior

Interior Features First Floor Bedroom, First Floor Full Bath

Heating Baseboard, Oil

Cooling Multi Units, Wall/Window Unit(s)

Flooring Carpet, Hardwood

Fireplace No

Laundry In Unit

Exterior

Parking Features Driveway, Garage

Garage Spaces 2.0

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected

View Neighborhood, Trees/Woods

Total Parking Spaces 6

Garage true

Private Pool No

Building

Lot Description Corner Lot, Cul-De-Sac, Landscaped, Near Public Transit, Near Shops, Sloped

Foundation Stone

Sewer Public Sewer

Water Public

Structure Type Frame,Stone,Stucco

Schools

Elementary Schools Parsons Memorial

Middle Schools Louis M Klein Middle School

High Schools Harrison

School District Harrison

Others

Senior Community No

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Houlihan Lawrence Inc. • Michelle Madaffari

NEARBY SCHOOL & BUSINESS

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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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25 Fremont ST

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