Home Details for 25 Fremont Street

Fully leased triplex in the heart of Harrison generating around a 7% cap rate, with immediate value-add upside. Current monthly rent roll totals $12,950 with low annual expenses of $35,757, producing a net operating income of $153,808. Unit Breakdown: 4BR/1BA: $4,950/month 3BR/1BA: $4,300/month 2BR/2BA: $3,700/month All tenants pay electric and gas (except for the 2BR unit, where the landlord covers utilities). 1st floor 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 at the end of a quiet no outlet street with a short commute to Metro-North, shops, and Harrison schools. This property offers long-term rental stability in an extremely desirable area! Fully occupied, and primed for even stronger future returns. New above ground 330 gallon oil tank, roof is 10 years old.

• Utilities

  • Natural Gas Available
  • Cable Available
  • Electricity Available
  • Electricity Connected
  • Natural Gas Connected
  • Phone Available
  • Sewer Available
  • Sewer Connected
  • Water Available
  • Water Connected

• Cooling Information

  • Multi Units
  • Wall/Window Unit(s)

• Heating Information

  • Baseboard
  • Oil

• Parking

  • Driveway
  • Garage

• Water Features

  • Public

• Basement

  • None