Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 9 BR |
| Bathrooms: | 4 |
| Lot Size: | 0.1 Acres |
Financials
Listing Courtesy of Houlihan Lawrence Inc.
Fully leased triplex in the heart of Harrison generating around a 7 cap rate, with immediate value add upside.










































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.
Amenities
- Cable - Available
- Corner Lot
- Cul-De-Sac
- Electricity Available
- Electricity Connected
- First Floor Bedroom
- First Floor Full Bath
- Landscaped
- Natural Gas Available
- Natural Gas Connected
- Near Public Transit
- Near Shops
- Neighborhood
- Phone Available
- Screens
- Sewer Available
- Sewer Connected
- Sloped
- Smoke Detectors
- Trash Collection Public
- Trees/Woods
- Water Available
- Water Connected

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.