Fantastic mixed use investment opportunity in White Plains !


Property

Website:https://www.nestseekers.com/5655363
Address:
White Plains, NY 10603
Ownership: For Sale
Type: Multi-Family
Lot Size: 0.1 Acres

Financials

Price:$925,000
Annual Taxes:$10,617

Description

Fantastic mixed-use investment opportunity in White Plains! This well-maintained property features two fully renovated 2-bedroom apartments plus a leased retail storefront, near I-287, the Bronx River Parkway, and just 0.4 miles from the White Plains Metro-North Station (under 35 minutes to NYC!). The 2nd floor unit is currently leased at $2,800/month through February 2027, and landlord covers heat for the entire property. The 1st floor unit is fully renovated and vacant which is perfect for an owner-occupant or immediate lease-up. The retail storefront is leased on a 5-year term through February 2031 with annual rent escalations, and the tenant pays their own electric. On-site parking available in the rear/driveway, plus street parking for retail customers. A great opportunity for investors or an owner-user looking for rental income to help offset their mortgage. Don't miss this one!

Amenities

  • Cable - Available
  • Cable Connected
  • Electricity Available
  • Electricity Connected
  • Gas Oven
  • Natural Gas Available
  • Natural Gas Connected
  • Refrigerator
  • Trash Collection Public
  • Walk Up

Contact

2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of C. J. Pagano & Sons, Inc.