Property Description

Exceptional Investment Opportunity - Fully Renovated 3-Family Property in OssiningRare opportunity to acquire a fully renovated and well-maintained 3-family income-producing property in Ossining, offering a flexible configuration, strong rental income, and attractive owner-occupant potential.Property Configuration1. 4 SnowdenSeparate, standalone buildingCan function as a small single-family residence (SFH)Current rent: $3,000/month2. 1st Floor - 6 Snowden1-bedroom apartmentCurrent rent: $1,934/month3. 2nd Floor - 6 Snowden3-bedroom apartment + 1 additional roomCurrent rent: $2,500/monthCurrent rent is below estimated market rent, providing potential for future rental upsideFinancial HighlightsCurrent Gross Annual Rental Income: $89,206Property Taxes: $12,260/yearTenant-Paid Utilities: Tenants pay their own heat and gasOwner-Paid Utilities: Water onlyPotential Rental Upside: 2nd-floor unit is currently rented below marketProperty HighlightsFully renovated in 2018Well-maintained throughoutFlexible 3-family configurationSeparate standalone building at 4 Snowden provides additional flexibilityStrong rental income with potential for further rent growthConvenient setup for an owner-occupant/investor, allowing the owner to live in the standalone 4 Snowden building while renting the two units at 6 SnowdenAttractive opportunity for investors seeking a property with both current cash flow and potential upsideOwner-Occupant OpportunityThe property's unique configuration makes it particularly attractive to an owner-occupant. The owner can live in the separate 4 Snowden single-family residence while generating rental income from the two apartments at 6 Snowden, providing both residential flexibility and investment income.

Property Features

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