114-116 Ferris Avenue, White Plains, NY 10603
sale
$925,000
|
Other
Courtesy Of C J Pagano & Sons, Inc
Fantastic mixed-use investment opportunity in White Plains! This well-maintained property features two fully renovated 2-bedroom apartments plus a leased retail storefront, near I-287, the Bronx River Parkway, and just 0.4 miles from the White Plains Metro-North Station (under 35 minutes to NYC!). The 2nd floor unit is currently leased at $2,800/month through February 2027, and landlord covers heat for the entire property. The 1st floor unit is fully renovated and vacant which is perfect for an owner-occupant or immediate lease-up. The retail storefront is leased on a 5-year term through February 2031 with annual rent escalations, and the tenant pays their own electric. On-site parking available in the rear/driveway, plus street parking for retail customers. A great opportunity for investors or an owner-user looking for rental income to help offset their mortgage. Don't miss this one!
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Amenities: Basement
- Appliance: Gas Oven
- Appliance: Refrigerator
- Building Units: 3
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Vinyl Siding
- Floor Covering: Wood
- Floor Covering: Tile
- Floors: 1
- Heating System: Hot Water(Heating)
- MLSID: 1030466
- Rooms: Basement
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