Multi Family 2-4 in Westchester County
| MLS Number | 1030466 |
|---|---|
| Address | 114-116 Ferris Avenue, White Plains, NY 10603 show map |
| Price | $925,000 show mortgage calculator |
| Acres | 0.1362258953168 |
| Year Built | 1925 |
| Est. Sq. Footage | 0 |
| Elementary School | |
| Jr High-Middle School | |
| High School | |
| Estimated Taxes | $10,617 |
| Total Apt Units | 3 |
Fantastic mixed-use investment opportunity in White Plains! This well-maintained property features two fully renovated 2-bedroom apartments plus a leased retail storefront, near I-287, the Bronx River Parkway, and just 0.4 miles from the White Plains Metro-North Station (under 35 minutes to NYC!). The 2nd floor unit is currently leased at $2,800/month through February 2027, and landlord covers heat for the entire property. The 1st floor unit is fully renovated and vacant which is perfect for an owner-occupant or immediate lease-up. The retail storefront is leased on a 5-year term through February 2031 with annual rent escalations, and the tenant pays their own electric. On-site parking available in the rear/driveway, plus street parking for retail customers. A great opportunity for investors or an owner-user looking for rental income to help offset their mortgage. Don't miss this one!
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