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17 19 Edward St
Ossining, NY 10562 $1,099,222
Commission
ABOUT THIS PROPERTY 17 19 Edward Street Ossining, NY 10562
Exceptional opportunity to own a legal 6-unit multifamily property with stable, long-term tenants. All six units, 4-two bedroom units and 2-three bedroom units, are leased through September 2027, providing immediate, reliable rental income and a strong 7% cap rate. This well-maintained building is ideally situated in a convenient location directly across from Park School and within walking distance to shops, restaurants, the train station, and additional schools, making it an attractive location for tenants. The property's utility setup is designed to help minimize owner expenses. Tenants are responsible for their own gas and electric, while the landlord pays for water. The building features seven electric meters, six gas meters, and six individual water heaters. Street parking is readily available. Whether you're expanding your investment portfolio or seeking a turnkey income-producing property, this is a rare opportunity to acquire a well-maintained asset with dependable cash flow and long-term lease stability. There are no audio recording devices inside this property.
Schedule a showingFeatures & Amenities
- 6 Units
- Leases through 9/27
- 7% Cap Rate
- 7 Electric Meters
- 6 Gas Meters
- 6 Hot Water Heaters
- Street Parking
- Convenient Location
- Walk to Village
- Walk to Transportation
- Taxes: $24,362
Buy Side Commission Offered (Obligated) By The Seller:
Broker compensation is not set by law and is fully negotiable. Broker compensation data is not pulled from the MLS. The seller is not offering or obligating themselves to an offer of compensation to the buy-side brokerage. However, that does not preclude a buyer’s agent from presenting an offer to the seller that includes a seller paid buy-side commission to the buyer’s brokerage. The seller will entertain offers from any ready, willing, and able buyers, and once the seller has received a bona fide offer which includes price, terms, a valid pre-approval (if applicable) and proof of funds, the seller will evaluate each individual offer based on the net price after commissions and the terms of each offer. At that point, the seller will decide which offer or offers, if any, are best to either counteroffer, or if there's one offer they will accept. The seller encourages the property to be shown and the buyer to submit an offer that the buyer and buyer's agent feels has the best opportunity to procure the home. Bring in a great offer, and good luck!