Description
Rare opportunity to own an 8-unit building in Harriman, NOI $87,185, 7% cap rate, (most rents are well below market rate), sitting in a real opportunity zone - 1 block from Rt. 17M between the booming Monroe Commercial corridor and the future Harriman Transit Village development (proposed 1,500+- residential units + 150,000+- SF commercial space) which would enlighten and transform the Harriman part of the 17M into a highly sought-after area, 5 units (3 apts and the 2 commercials) out of the 8 have been recently beautifully renovated, a lot of serious care and maintenance (including: heat boiler, gutters, roof, etc.) have brought up this asset to it's desirable level.
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10BEDS
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0.21ACRES
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4BATHS
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01/2 BATHS
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10,824SQFT
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$115$/SQFT
School Information
Description
Rare opportunity to own an 8-unit building in Harriman, NOI $87,185, 7% cap rate, (most rents are well below market rate), sitting in a real opportunity zone - 1 block from Rt. 17M between the booming Monroe Commercial corridor and the future Harriman Transit Village development (proposed 1,500+- residential units + 150,000+- SF commercial space) which would enlighten and transform the Harriman part of the 17M into a highly sought-after area, 5 units (3 apts and the 2 commercials) out of the 8 have been recently beautifully renovated, a lot of serious care and maintenance (including: heat boiler, gutters, roof, etc.) have brought up this asset to it's desirable level.
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