$1,600,000

25 Fremont Street, Harrison, NY 10528

  • 9 beds |
  • 4 baths |
  • 3,415 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $469/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Fully leased triplex in Harrison generating a solid 7%+ cap rate, with immediate value-add upside. Current monthly rent roll totals $12,655 with low annual expenses of $37,221, producing a net operating income of $114,639. Unit Breakdown: 4BR/1BA: $4,450/month 3BR/1BA: $4,300/month 2BR/2BA: $3,905/month All tenants pay electric and gas (except for the 2BR unit, where the landlord covers utilities). Each 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 on a quiet dead-end street with a short commute to Metro-North, shops, and top-rated schools, this property offers long-term rental stability in a high-demand Westchester market. Fully occupied, cash flowing, and primed for even stronger returns. (Photos and floorplan are of the top floor 4 bedroom unit. It is currently fully rented.)

Listing Status:
Active
Listing Office:
Keller Williams Hudson Valley : 845-639-0300
MLS ID:
863987
  • General: First Floor BedroomFirst Floor Full BathFormal DiningHigh Speed Internet
  • A/C: Wall/Window Unit(s)
  • Heating: Oil

This listing courtesy of Keller Williams Hudson Valley

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Parsons Memorial Elementary School

200 Halstead Ave, Harrison, NY, 10528

Grades KG-5

0.45 miles away

L

Louis M. Klein Middle School

50 Union Ave, Harrison, NY, 10528

Grades 6-8

1.16 miles away

H

Harrison High School

255 Union Ave, Harrison, NY, 10528

Grades 9-12

1.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.