About 25 Fremont Street
Fully leased triplex in Harrison generating a solid 7%+ cap rate, with immediate value-add upside. Current monthly rent roll totals $12,655 with low annual expenses of $37,221, producing a net operating income of $114,639. Unit Breakdown: 4BR/1BA: $4,450/month 3BR/1BA: $4,300/month 2BR/2BA: $3,905/month All tenants pay electric and gas (except for the 2BR unit, where the landlord covers utilities). Each unit includes in-unit laundry. A large 2-car garage, not currently used by tenants, offers a clear opportunity to add $750–$1,000/month in storage income, increasing the cap rate to nearly 8%. Rents may also be below market value and can be raised over time as leases roll over. Located on a quiet dead-end street with a short commute to Metro-North, shops, and top-rated schools, this property offers long-term rental stability in a high-demand Westchester market. Fully occupied, cash flowing, and primed for even stronger returns. (Photos and floorplan are of the top floor 4 bedroom unit. It is currently fully rented.)
Features of 25 Fremont Street
| MLS® # | 863987 |
|---|---|
| Price | $1,600,000 |
| Bedrooms | 9 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,415 |
| Acres | 0.13 |
| Year Built | 1928 |
| Type | Residential |
| Sub-Type | Triplex |
| Style | Colonial, Contemporary |
| Status | Active |
Community Information
| Address | 25 Fremont Street |
|---|---|
| City | Harrison |
| County | Westchester County |
| State | NY |
| Zip Code | 10528 |
Additional Information
Listing Details
| Office | Keller Williams Hudson Valley |
|---|---|
| Office Contact | 845-639-0300 |
