28 Glen Rd Eastchester, NY 10709

THIS PURCHASE REQUIRES CASH OR COMMERCIAL FINANCING(30-50% DOWN)Don't miss this rare opportunity to own an Eastchester 6 family home with newer boiler, hot water heater, replaced windows, architectural style roof and vinyl siding . Less than a 5-10 minute walk to the Crestwood train(30 minutes into... Grand Central), shopping and all. Building has 3 two bedroom units with fireplaces in the bedrooms and 3 one bedroom units(one with fireplace and door to deck) all in very good condition. Basement under the left side of the home has a separate entrance and has the potential of a home office. Right side basement has storage for all the units, laundry for the building and mechanicals. After closing the building has a projected cap rate of approximately 6% with potential yearly income of nearly $130,000. Building is rent stabIlized. Continue reading