38 Madeleine Avenue
New Rochelle, NY 10801

For Sale $1,100,000

  • 8 beds
  • 3 full baths
  • 3,172 sqft
  • 0.09 acre lot size
  • Single Family
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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

Listing Details

$1,100,000 $23,872 Active Single Family 834759 3/27/2025 25 Day(s) Ago

Property Details

38 Madeleine Avenue New Rochelle NY 10801 Westchester 3,172 8 3 full Common Aluminum Siding 1908

Location Details

0.09 Acres Driveway No No

School Details

New Rochelle Columbus Isaac E Young New Rochelle

Heating, Cooling, & Utility Details

Natural Gas Public Public Sewer None

Amenities

First Floor Bedroom First Floor Full Bath Entrance Foyer New Windows

Broker Details

William Raveis Real Estate
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