Estimated payment $1,767/month
Highlights
- No HOA
- Forced Air Heating System
- Baseboard Heating
- Bathroom on Main Level
About This Home
INCOME-PRODUCING DUPLEX - VALUE-ADD OPPORTUNITY
Excellent opportunity for investors seeking strong rental potential in the Averill Park School District. This 2-family duplex offers 2,000 sq ft with 7 bedrooms and 2 full baths with current cap rate of 10 % and net income cap rate of 12.7%.
Each unit features large living room. The first-floor unit includes 3 bedrooms one bath ideal for increased rent or home-office demand. The second-floor unit offers 4 bedrooms one bath. Unfinished basement provides storage and future value-add potential.
Situated on a 5,663 sq ft lot with a fenced backyard, 2-car garage, and additional off-street parking features tenants value. Vinyl siding, forced air and baseboard heating separate natural gas and electric.
Property an ideal value-add investment with upside through upgrades, rent increases. Convenient location near schools, shopping, and major routes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,650
Year Built
- Built in 1890
Lot Details
- 5,663 Sq Ft Lot
- Back Yard Fenced
Parking
- 2 Car Garage
- Open Parking
- Off-Street Parking
Home Design
- 2,000 Sq Ft Home
- Duplex
- Vinyl Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- Bathroom on Main Level
- 2 Full Bathrooms
Schools
- Averill Park High School
Utilities
- Forced Air Heating System
- Baseboard Heating
- 200+ Amp Service
Additional Features
- Unfinished Basement
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 3.000 / 5
- Assessor Parcel Number 382200 112.68-5-3
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,747 | $32,200 | $5,400 | $26,800 |
| 2023 | $4,177 | $32,200 | $5,400 | $26,800 |
| 2022 | $4,464 | $32,200 | $5,400 | $26,800 |
| 2021 | $3,463 | $32,200 | $5,400 | $26,800 |
| 2020 | $4,177 | $32,200 | $5,400 | $26,800 |
| 2019 | $1,943 | $32,200 | $5,400 | $26,800 |
| 2018 | $3,501 | $32,200 | $5,400 | $26,800 |
| 2017 | $5,704 | $32,200 | $5,400 | $26,800 |
| 2016 | $3,787 | $32,200 | $5,400 | $26,800 |
| 2015 | -- | $32,200 | $5,400 | $26,800 |
| 2014 | -- | $32,200 | $5,400 | $26,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2026 03/05/26 | Price Changed | $265,000 | -8.6% | $133 / Sq Ft | |
| 02/04/2026 02/04/26 | For Sale | $290,000 | +97.3% | $145 / Sq Ft | |
| 06/09/2023 06/09/23 | Sold | $147,000 | -8.1% | $74 / Sq Ft | View Prior Sale |
| 04/28/2023 04/28/23 | Pending | -- | -- | -- | |
| 04/13/2023 04/13/23 | Price Changed | $159,900 | -3.1% | $80 / Sq Ft | |
| 04/04/2023 04/04/23 | For Sale | $165,000 | -- | $83 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $136,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,335 | Purchase Money Mortgage |
About the Listing Agent
I have learned over the years that one of my greatest strengths is my ability to listen. No one can provide you with the desired outcome if they do not understand what is important to you. Whether you are looking to purchase or sell your home, the process begins with an in depth conversation that details desired results. We will then sit down and develop a strategy to achieve this goal. I understand that the most frustrating part of any significant decision we make in our lives is not
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Source: Global MLS
MLS Number: 202611508
APN: 2200-112.68-5-3
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Ask me questions while you tour the home.