**Investment Opportunity in Ossining, New York**Nestled in the charming heart of Ossining, NY, awaits a lucrative investment property that promises both location convenience and high returns. This brick 4-family building boasts four independent units, each featuring 2 spacious bedrooms and 1 inviting bathroom. Convenience is key with this property...
**Investment Opportunity in Ossining, New York**Nestled in the charming heart of Ossining, NY, awaits a lucrative investment property that promises both location convenience and high returns. This brick 4-family building boasts four independent units, each featuring 2 spacious bedrooms and 1 inviting bathroom. Convenience is key with this property as it is situated within walking distance to the bustling restaurants along Main Street and the nearby train station, making it an attractive choice for potential tenants. With a history of high demand for rental properties in this area, securing tenants will be a breeze, ensuring a steady stream of income for investors. Offered at a remarkable over 10% cap rate, this property presents an enticing investment opportunity with low property taxes amounting to just $15,581. The estimated potential gross income exceeds $120,000 annually, making it a promising venture for savvy investors looking to maximize their returns. This property offers a mix of immediate income and further growth potential, with 2 units delivered vacant for immediate customization and 2 units already occupied, providing immediate rental income. Don't miss out on this fantastic opportunity to secure a property in a prime location at a great price point. Act now and reap the rewards of this thriving investment in Ossining, NY! For more information or to schedule a viewing, contact us today! #InvestmentProperty #OssiningNY #HighReturns..Buyers must sign up and place bids though www.xome.com. All auction properties are subject to a 5% buyer s premium pursuant to the Event Agreement and Auction Terms & Conditions minimums will apply . Buyers and buyers agent to verify any and all info. Occupants are not to be disturbed
Listing courtesy of Ai Realty Brokerage Llc
New Listing
Ossining, New York
Type:
Price: $825,000
Date Listed: 1/13/2025
Web ID: 813275
Bedrooms: 8
Bathrooms: 4.0
Built: 1880
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