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About This Home
This 0-bedroom, 0-bathroom residential multi family at 6163 Horton Avenue in New Rochelle, NY is listed for $1,250,000. Built in 1900, on a 0.17 acres lot.
Great Investment Opportunity in the heart of New Rochelle! Six (6) recently renovated 2-bedroom apartments plus storage units, garage, long driveway and parking lot for 5+ cars in two (2) side-by-side Duplexes. Approximate square footage for each unit is estimated.
Basement has adequate room for installation on washers and dryers/laundry room. Rental Income (all 2 bedroom/1 bathroom units): 1A $2,376 1B $1,440 2A $1,042 2B $1,910 3A $1,980 3B $2,093 Parking and basement storage rental - $675 Total monthly income - $11,515 Total annual income - $138,180 Expenses, Taxes - $23,000 Insurance - $7,000 Con Ed, water and fuel ~ $1,200/month Total annual expenses - $44,440 NOI - $93,740 Cap rate - 7.5%
Key Features
- Built in 1900
- 0.17 acre lot
- 3 stories
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$6,685/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
6163 Horton Avenue
New Rochelle, NY 10801
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 6163 Horton Avenue is listed at $1,250,000. The estimated monthly payment is $5,417 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.17 acre lot, 3 stories, 4 parking spaces.
This property is listed by Renata Staroselsky and can be reached at 9145574716 or renata@homesweethomeproperties.com.
