14 Clinton Place Value Add Investment Opportunity !
| Website: | https://www.nestseekers.com/5698934 |
|---|---|
| Address: | Ramapo, NY 10901 |
| Ownership: | For Sale |
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| Type: | Duplex |
| Bedrooms: | 4 BR |
| Bathrooms: | 2 |
| Lot Size: | 0.3 Acres |
Financials
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
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932 Phone: +1 631-353-3427 Fax: +1 631-614-7858 | |
| Listing Courtesy of MS Realty Group USA, Inc | |