3 Linden Pl - 4-Unit Residential Investment Property 4 Unit Apartment Building Offered at $1,250,000 Tarrytown, NY 10591

Rare opportunity to invest in a 4-unit income producing property, with free-market rents, in the highly sought after Village of Tarrytown - otherwise known as "Brooklyn North"! Tucked-away, yet centrally located, this property offers a walk-to-all location that tenants/occupants will appreciate, just steps from the Metro-North Railroad (36 minutes from NYC), Main Street & and the Riverfront - no car needed! All (4) four of the units are 2-bed/1-bath, with essentially the same layout and condition - including dine-in kitchens and large living rooms with two exposures. The two upper units have direct access to the West/Hudson River facing balcony, with Bridge and Palisades views. All units have access to rear porches and the backyard. Completing the picture is a large (~2000 SqFt) full-height dry basement, with interior and exterior access, coin-operated washer/dryer, sink with counter, storage rooms, and an abundant amount of open floor space providing additional flexibility/potential uses. Whether you are an Investor or Owner-occupant, this property offers a unique combination of location, high-demand rental market, and mid/long-term upside potential in the heart of one of the most vibrant Villages in The Rivertowns!
Reduce Owner’s operating expenses and increase net operating income (NOI) by changing gas stoves (currently paid by landlord) to electric stoves (paid by tenant). Currently one gas meter currently serves the 4 stoves, coin-operated dryer, and hot water heater. Each unit has its own electric meter, and the Tenants pay their own electric. Landlord pays gas, common electric, and water.