38 S Franklin Street Nyack, NY 10960
Single Family Attached
MLS #: 859800
Courtesy Of Keller Williams Hudson Valley Realty & United
Property InformationDescription
This outstanding investment opportunity in the heart of Nyack's downtown includes two buildings in one deal. The first building
consists of a storefront with a 3-bedroom apartment above it, while the second building offers two spacious 2-bedroom
apartments. In total, you have four income-generating units at your disposal, as well as an unfinished basement. Currently, the
properties generate a monthly rent roll of $10,500, which makes it an over 8.5 cap rate on the net income. Don't miss this promising investment right in the heart of Nyack's bustling downtown!
consists of a storefront with a 3-bedroom apartment above it, while the second building offers two spacious 2-bedroom
apartments. In total, you have four income-generating units at your disposal, as well as an unfinished basement. Currently, the
properties generate a monthly rent roll of $10,500, which makes it an over 8.5 cap rate on the net income. Don't miss this promising investment right in the heart of Nyack's bustling downtown!
Features
- Age: Over 50 Years Old
- Amenities: Water Front
- Architecture Style: Other
- Building Units: 4
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Frame
- Heating System: Baseboard
- MLSID: 859800
- Rooms: Basement
MAP & DIRECTIONS
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