BEDS9
BATHS4 full
MLS#863987
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLHarrison
Property Description
Fully leased triplex in Harrison generating a solid 7%+ cap rate, with immediate value-add upside. Current monthly rent roll totals $12,655 with low annual expenses of $37,221, producing a net operating income of $114,639. Unit Breakdown:4BR/1BA: $4,450/month3BR/1BA: $4,300/month2BR/2BA: $3,905/monthAll tenants pay electric and gas (except for the 2BR unit, where the landlord covers utilities). Each 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 on a quiet dead-end street with a short commute to Metro-North, shops, and top-rated schools, this property offers long-term rental stability in a high-demand Westchester market.Fully occupied, cash flowing, and primed for even stronger returns.(Photos and floorplan are of the top floor 4 bedroom unit. It is currently fully rented.)
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Garage: 2
Heating: Oil
Home Style: Colonial, Contemporary
Lot Size: 0.13 Acres
Taxes: $20,959
Year Built: 1928
Amenities
First Floor Bedroom
First Floor Full Bath
Formal Dining
High Speed Internet
Feature Descriptions
Attic: Stairs, Unfinished, Walkup
Building Area Total: 3415
Cap Rate: 7
Days on Site: 369
Exterior: Frame, Stone, Stucco
Formal Dining: Yes
GarageY/N: Yes
House Faces: North
Included In Taxes: Sewer, Trash
On Market Date: 2025-06-25
Parcel Number: 2801-000-043-00000-000-0008
Parking Features: Attached, Driveway, On Street
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 3
Sewer: Public Sewer
Tenant Pays: Electricity, Gas, See Remarks
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Harrison High School
Middle School: Louis M Klein Middle School
Elementary School: Parsons Memorial
School District: Harrison
Listed By / Shown By
Listing By
Agency Name: Keller Williams Hudson Valley
Agency Contact: 845-639-0300
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimated Payment
$ 5,774.16 per month $3,560.91 Principal & Interest $1,746.58 Property Tax $466.67 Homeowner's InsuranceChange Payment Information
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7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
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25 Fremont Street | MLS# 863987
This multi-family property located at 25 Fremont Street, Harrison, NY 10528 is currently listed for sale with an asking price of $1,600,000. Fremont Street is located within the Harrison school district. Search Harrison real estate on www.joycerealty.com today.