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Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6334008
Sold Date 03/06/25
HOA Y/N No
Originating Board onekey2
Rental Info No
Year Built 1940
Annual Tax Amount $28,031
Lot Size 9,870 Sqft
Acres 0.2266
Property Sub-Type Multi Family
Property Description
Rare opportunity to purchase 6-Family compound comprised of two buildings (back: built in 1940, & Front: 1979) with 6 space car parking lot. Situated in the Village of Mt. Kisco. Family owned since it was built. Well maintained, fully rented with long term tenants, no leases (month/month). These Apts are free market rentals, not rent controlled. Tenants pay for heat & electric. Town water and sewer. Each unit has its own electric & gas meter with circuit breaker boxes in each unit. Walkways have heated snow melt system, no snow removal. Front building has 4, one bdrm units, Back building has 1, two brm & 1 one bdrm. Rents are under market price averaging $1.260 per mo, total gross income $90,600. Projected income for one bdrms is $1,700 and 2bdrm $2,000, total gross income $126,000. Please ask for & view Investment worksheet for detailed information including cap rate.
Location
State NY
County Westchester County
Interior
Heating Natural Gas, Hot Water
Cooling None
Fireplace No
Appliance Electric Water Heater
Exterior
Parking Features Parking Lot
Utilities Available Trash Collection Public
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
Schools
Elementary Schools Mt Kisco Elementary School
Middle Schools Fox Lane Middle School
High Schools Fox Lane High School
School District Bedford
Others
Special Listing Condition None
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Bought with Keller Williams Realty Partner