16 Clinton Place Excellent Investment Opportunity !
| Website: | https://www.nestseekers.com/5698935 |
|---|---|
| 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
16 Clinton Place – Excellent Investment Opportunity! Spacious 4-bedroom, 2-bath Victorian with approximately 2,628 sq. ft., a full basement, and detached garage. Current rents are $1,900/month for Unit 1 and $1,850/month for Unit 2, while current market rents are estimated at approximately $2,200/month for each unit, offering strong upside potential. Currently at only a 4.10% 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 investment/development opportunity—place your offer today!
Amenities
- Back Yard
- First Floor Bedroom
- First Floor Full Bath
- Front Yard
- Landscaped
- Near Public Transit
- Near School
- Neighborhood
- Other
- Sewer Connected
- Shutters
- Sidewalks
- Smoke Detectors
- Trash Collection Public
- Triple Pane Windows
- 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 | |
