Exceptional opportunity to own a legal 6-unit multifamily property with stable, long-term tenants. All six units, 4-two bedroom units and 2-three bedroom units, are leased through September 2027, providing immediate, reliable rental income and a strong 7% cap rate. This well-maintained building is ideally situated in a convenient location directly across from Park School and within walking distance to shops, restaurants, the train station, and additional schools, making it an attractive location for tenants. The property's utility setup is designed to help minimize owner expenses. Tenants are responsible for their own gas and electric, while the landlord pays for water. The building features seven electric meters, six gas meters, and six individual water heaters. Street parking is readily available. Whether you're expanding your investment portfolio or seeking a turnkey income-producing property, this is a rare opportunity to acquire a well-maintained asset with dependable cash flow and long-term lease stability. There are no audio recording devices inside this property.
Property Features
Utilities
Natural Gas Available
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Cooling Information
Multi Units
Wall/Window Unit(s)
Heating Information
Electric
Separate Meters
Basement
Storage Space
Unfinished
Water Features
Public
Parking
On Street
School Information
School Information for 17 19 Edward Street, Ossining, NY 10562
Elementary School
Park School
Middle School
Anne M Dorner Middle School
High School
Ossining High School
Listing Courtesy: Mark Seiden Real Estate Team - 914-762-2200