25 Fremont ST new Save Request In-Person Tour Request Virtual Tour
Harrison,NY 10528
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 863987
Style Colonial,Contemporary
Bedrooms 9
Full Baths 4
Rental Info No
Year Built 1928
Annual Tax Amount $20,959
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Triplex
Source onekey2
Property Description
Fully leased triplex in Harrison generating a solid 7%+ cap rate, with immediate value-add upside. Current monthly rent roll totals $12,655 with low annual expenses of $37,221, producing a net operating income of $114,639.
Unit Breakdown:
4BR/1BA: $4,450/month
3BR/1BA: $4,300/month
2BR/2BA: $3,905/month
All tenants pay electric and gas (except for the 2BR unit, where the landlord covers utilities). Each unit includes in-unit laundry.
A large 2-car garage, not currently used by tenants, offers a clear opportunity to add $750–$1,000/month in storage income, increasing the cap rate to nearly 8%. Rents may also be below market value and can be raised over time as leases roll over.
Located on a quiet dead-end street with a short commute to Metro-North, shops, and top-rated schools, this property offers long-term rental stability in a high-demand Westchester market.
Fully occupied, cash flowing, and primed for even stronger returns.
(Photos and floorplan are of the top floor 4 bedroom unit. It is currently fully rented.)
Location
State NY
County Westchester County
Interior
Interior Features First Floor Bedroom,First Floor Full Bath,Formal Dining,High Speed Internet
Heating Oil
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Attached,Driveway,On Street
Garage Spaces 2.0
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Trash Collection Public,Water Connected
Garage true
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Frame,Stone,Stucco
Schools
Elementary Schools Parsons Memorial
Middle Schools Louis M Klein Middle School
High Schools Harrison High School
Others
Senior Community No
Special Listing Condition None