Description
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 parkingâ€''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.
-
7BEDS
-
0.13ACRES
-
2BATHS
-
01/2 BATHS
-
2,000SQFT
-
$145$/SQFT
Description
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 parkingâ€''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.
© 2026 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2026-02-08T18:11:56.337.