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38 Madeleine AVE New Rochelle, NY 10801
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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 834759
Sold Date 05/28/25
Bedrooms 8
Full Baths 3
Rental Info No
Year Built 1908
Annual Tax Amount $23,872
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Triplex
Source onekey2
Property Description
Sound investment property with tenants in place on a month to month basis. Nothing to do but take possession and collect rent! Updates in 2019 include electrical, plumbing, windows, 3 new heating units, 3 new kitchens and baths, exterior painting, and paved parking lot. Tenants in each unit pays for their own gas and electric usage, which incudes a washer and gas dryer provided for each unit. Washer and dryer usage paid by tenants. Private, off-street parking on premises. Cap rate is 5.51%. Net operating income currently $60,628
Location
State NY
County Westchester County
Rooms
Basement Common, Full, See Remarks
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, Entrance Foyer
Heating Natural Gas
Cooling None
Flooring Hardwood, Vinyl
Fireplace No
Laundry In Basement
Exterior
Parking Features Driveway, Off Street, On Street, Parking Lot, Private
Fence Back Yard
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Total Parking Spaces 8
Garage false
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Brick,Stucco
Schools
Elementary Schools Columbus
Middle Schools Isaac E Young Middle School
High Schools New Rochelle High School
Others
Senior Community No
Special Listing Condition None
Read Less
Bought with Houlihan Lawrence Inc.
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