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1719 Edward St
Ossining, NY 10562
Usa Marketing Group Inc · Multifamily Property For Sale
·
6 Units
Investment Highlights
- 6 Units, 7 Electric Meters, 6 Gas Meters, 6 Hot Water Heaters
- Walk to Village, Walk to Transportation
- Street Parking, Convenient Location
Executive Summary
Exceptional opportunity to own a legal 6-unit multifamily property with stable, long-term tenants. All six units, 4-two bedroom units and 2-three bedroom units, are leased through September 2027, providing immediate, reliable rental income and a strong 7% cap rate. This well-maintained building is ideally situated in a convenient location directly across from Park School and within walking distance to shops, restaurants, the train station, and additional schools, making it an attractive location for tenants. The property's utility setup is designed to help minimize owner expenses. Tenants are responsible for their own gas and electric, while the landlord pays for water. The building features seven electric meters, six gas meters, and six individual water heaters. Street parking is readily available. Whether you're expanding your investment portfolio or seeking a turnkey income-producing property, this is a rare opportunity to acquire a well-maintained asset with dependable cash flow and long-term lease stability.
Property Facts
| Price Per Unit | $183,204 | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 5,196 SF |
| Cap Rate | 6.70% | No. Stories | 3 |
| No. Units | 6 | Year Built | 1920 |
| Price Per Unit | $183,204 |
| Sale Type | Investment |
| Cap Rate | 6.70% |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 5,196 SF |
| No. Stories | 3 |
| Year Built | 1920 |
Property Taxes
| Parcel Number | 4203-097-007-00000-000-0046-000-0-5 | Improvements Assessment | $467,900 |
| Land Assessment | $306,000 | Total Assessment | $773,900 |
Property Taxes
Parcel Number
4203-097-007-00000-000-0046-000-0-5
Land Assessment
$306,000
Improvements Assessment
$467,900
Total Assessment
$773,900
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