160 Railroad Avenue

Pearl River, NY 10965

$645,000
Last Sold Price
6
Beds
4
Baths
2,808 Sq. Ft.
$230 / Sq. Ft.
2,808
Sq. Ft.
$230
per Sq. Ft.

Description

This completely updated duplex is perfect for either the investor or buyer that wants all their taxes paid, utilities and mortgage subsidized. Each unit has it own garage, deck and finished basement. The current rent roll is $64,800 and the tenants pay all of their own utilities. One unit has a new lease and the other is month to month. Your monthly payments after factoring in the $2900 in rental income with 3.5% down (@ 3.25% rate) would be approximately $1600 (not including utilities) Why rent,...This completely updated duplex is perfect for either the investor or buyer that wants all their taxes paid, utilities and mortgage subsidized. Each unit has it own garage, deck and finished basement. The current rent roll is $64,800 and the tenants pay all of their own utilities. One unit has a new lease and the other is month to month. Your monthly payments after factoring in the $2900 in rental income with 3.5% down (@ 3.25% rate) would be approximately $1600 (not including utilities) Why rent, when you can own for substantially less! Attention Investors, with 25% down (@ 3.50 rate) this is cash positive with an approximate monthly return of $1600.
  1. Listed by Steven Weiss • Redfin Real Estate

Property Details for 160 Railroad Avenue

Architectural Style
Colonial
Community Features
Park
Garage Spaces
2.0

Location

Listing Courtesy of Redfin Real Estate

Sold By Houlihan Lawrence Inc.

Add your commute
LISTING UPDATED: 10/14/2021 07:12 PM

Property Details for 160 Railroad Avenue

StatusClosed
MLS #H6126440
Days on Market34
Taxes$17,802 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1973
Lot Size0.56 AC / 24,394 SF
CountyRockland County

Location

Listing Courtesy of Redfin Real Estate

Sold By Houlihan Lawrence Inc.

Add your commute

Virtual Tour

Building Information for 160 Railroad Avenue

Stories-Residences2Year Built1973Building Size-Lot Size0.56 AC / 24,394 SF

Payment Calculator

$5,004 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,520

Property Taxes

$1,484

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 160 Railroad Avenue

Summary
Location and General Information
  • Village: None
  • Hamlet: Pearl River
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Directions: Crooked Hill Road to Railroad Ave Ave. Property will be on your left.
  • Property Attached: No
  • Structure Type: Detached
  • Square Footage Source: Other
  • Lot Size Source: Other
School Information
  • School District: Pearl River
  • Elementary School District: Pearl River
  • Elementary School: Evans Park School
  • Middle Or Junior School District: Pearl River
  • Middle Or Junior School: Pearl River Middle School
  • HighSchool District: Pearl River
  • High School: Pearl River High School
Unit Information
Unit 1 Information
  • Unit Type Unit Number: Unit_1
  • Unit Type Floor Location: 1-2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Baths Full: 2
  • Unit Type Rooms Total: 6
  • Unit Type Leased: Yes
  • Unit Type Actual Rent: $2,500.00
  • Unit Type Living Area: 1400
  • Unit Type Appliances: Dryer, Dishwasher, Energy Star Appliance(s), Oven/Range, Refrigerator, Washer
Unit 2 Information
  • Unit Type Unit Number: Unit_2
  • Unit Type Floor Location: 1-2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Baths Full: 2
  • Unit Type Rooms Total: 6
  • Unit Type Leased: Yes
  • Unit Type Actual Rent: $2,900.00
  • Unit Type Living Area: 1400
  • Unit Type Appliances: Dryer, Dishwasher, Energy Star Appliance(s), Oven/Range, Refrigerator, Washer
Unit Information
  • Number Of 3 Bedrooms: 2
  • Building Units Total: 2
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 392489.068.016-0001-039.000/0000
  • Tax Map Number: 392489.068.016-0001-039.000/0000
  • Tax Assessed Value: $253,700
  • Tenant Pays: All Utilities
Interior and Exterior Features
Interior Features
  • Amenities: Deck, ENERGY STAR Qualified Windows, Eat in Kitchen, Fenced, Hardwood Floors As Seen, Park, Powder Room, Public
  • Interior Features: Eat-in Kitchen, Powder Room
  • Living Area: 2808.0
  • Living Area Units: Square Feet
  • Basement: Finished
  • Location Amenities: Fenced, Fenced Yard, Hardwood Floors As Seen, Eat in Kitchen, Powder Room, Deck, Energy Star Windows
  • Common Walls: No Common Walls
  • Window Features: ENERGY STAR Qualified Windows
  • Flooring: Hardwood
Exterior Features
  • Exterior Property Features: Deck, Attached, 2 Car Attached, Driveway, Fenced, ENERGY STAR Qualified Windows, Park, Level
  • Elevation Certificate: No
  • Fencing: Fenced
  • Patio And Porch Features: Deck
  • Construction Materials: Frame, Shingle Siding
Lot Information
  • Lot Features: Level
  • Site Features: Park, Level
  • Building Area Units: Square Feet
Parking
  • Parking Features: Attached, 2 Car Attached, Driveway
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Baseboard
  • Heat Fuel Type: Natural Gas, Baseboard, Gas Stand Alone
  • Hot Water: Gas Stand Alone
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Sewer: Sewer
  • Water Source: Public
Green Features
  • Green Features: ENERGY STAR Qualified Windows, Natural Gas, Baseboard, Gas Stand Alone
Virtual Tour

Schools near 160 Railroad Avenue

This home is within Pearl River Union Free School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 8 to 12
Public - K to 4
Public - K to 4
Rating
School
Distance
Lincoln Avenue School
PublicK to 4

Pearl River High School
Public8 to 12

Franklin Avenue School
PublicK to 4

Evans Park School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Listing Courtesy of Redfin Real Estate

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