14 Clinton Place Value Add Investment Opportunity !


Property

Website:https://www.nestseekers.com/5698934
Address:
Ramapo, NY 10901
Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 2
Lot Size: 0.3 Acres

Financials

Price:$599,000
Annual Taxes:$14,773

Description

14 Clinton Place – Value-Add Investment Opportunity! Spacious 4-bedroom, 2-bath duplex with approximately 1,656 sq. ft., a full basement, detached garage, and classic Victorian charm. Current rents are $1,900/month for Unit 1 and $1,750/month for Unit 2, while current market rents are estimated at approximately $2,200/month for each unit, offering significant upside potential. Currently at a 4.32% 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 opportunity—place your offer today!

Amenities

  • Accessible Kitchen
  • Courtyard
  • Electricity Connected
  • Entrance Foyer
  • First Floor Bedroom
  • First Floor Full Bath
  • Front Yard
  • Lighting
  • Mailbox
  • Neighborhood
  • Other
  • Park
  • Pool
  • Sewer Connected
  • Shutters
  • Sidewalks
  • Smoke Detectors
  • Storage
  • Tennis Court(s)
  • Trash Collection Public
  • Water Connected

Contact

2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of MS Realty Group USA, Inc