Nearby Schools
Cecil H Parker School,columbus Elementary School,edward Williams School,graham School,grimes School,hamilton School,holmes School,lincoln School,call Listing Agent,pennington School,rebecca Turner Elementary School,traphagen SchoolElementary School
Call Listing AgentMiddle School
Call Listing AgentHigh School
Description
Amazing opportunity to own a fully operating apartment building just 30 minutes from Grand Central Station. The subject property is a 4 story, 10 unit brick walk-up building on Franklin Avenue between East 3rd Street and Harrison Street. This 7,200 square foot rent stabilized building consists of two studio units, four (2) bedroom units and four (3) bedroom units. Two of the ten apartments have been completely renovated while others have had various upgrades in kitchen cabinets, bathroom vanities, flooring and ductless air conditioning within the last 7 years. A camera system has been installed, the hallways have been repainted and a hot water tank was recently installed. The roof was replaced about 11 years ago and the boiler is fully operating at about 30 years old. Conveniently located with a half mile of the Mount Vernon East Metro North Station and steps from the #42 and #53 Bee Line Bus stops, the property is ideal for commuting tenants.
Location
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