RE/MAX Prime Properties
Miriam Dunn, RE/MAX Prime PropertiesPhone: (914) 523-8638
Email: [email protected]
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listing
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MultifamilyFor Sale
$1,600,000
25 Fremont Street
Harrison, NY 10528
Listed by: Keller Williams Hudson Valley, 845-639-0300
MLS: OneKey MLS
9Beds
4Baths
Est. Mortgage
$8,359/mo

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.)

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Information courtesy of Keller Williams Hudson Valley is subject to verification and is not guaranteed.
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