9 Kiscona Rd - Apartments FOR SALE


Mount Kisco, NY 10549
$1,200,000 USD
914-643-2685
9 Kiscona Rd, Mount Kisco, NY for Sale
$1,200,000 USD
Apartments - FOR SALE
1/38
null | 5% Cap Rate

9 Kiscona Rd
Mount Kisco, NY 10549


HIGHLIGHTS

  • low maintenance
  • free market rentals
  • tenants pay heat & electric

OVERVIEW

Rare opportunity to purchase 6-Family compound comprised of two buildings (back: built in 1940, & Front: 1979) with 6 space car parking lot. Situated in the Village of Mt. Kisco. Family owned since it was built. Well maintained, fully rented with long term tenants, no leases (month/month). These Apts are free market rentals, not rent controlled. Tenants pay for heat & electric. Town water and sewer. Each unit has its own electric & gas meter with circuit breaker boxes in each unit. Walkways have heated snow melt system, no snow removal. Front building has 4, one bdrm units, Back building has 1, two brm & 1 one bdrm. Rents are under market price averaging $1.260 per mo, total gross income $90,600. Projected income for one bdrms is $1,700 and 2bdrm $2,000, total gross income $126,000. Please ask for & view Investment worksheet for detailed information including cap rate.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$333 USD /SF

# OF UNITS

6

PRICE/UNIT

$200,000

CAP RATE

5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

5601-080-048-00005-000-0006

ASK ABOUT THIS PROPERTY

Mario SclafaniRE/MAX Classic RealtyMore Info
914-643-2685

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Mario SclafaniRE/MAX Classic RealtyMore Info
914-643-2685

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.