160 Railroad Avenue
160 Railroad Avenue
$645,000
6
4
2,808
2,808
$230
Closed 10/14/21
Virtual Tour
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.
- Listed by Steven Weiss • Redfin Real Estate
Property Details for 160 Railroad Avenue
Architectural Style
Colonial
Community FeaturesPark
Garage Spaces2.0
Location
LISTING UPDATED: 10/14/2021 07:12 PM
Property Details for 160 Railroad Avenue
Status | Closed |
---|---|
MLS # | H6126440 |
Days on Market | 34 |
Taxes | $17,802 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1973 |
Lot Size | 0.56 AC / 24,394 SF |
County | Rockland County |
Location
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
The Payment Calculator is for illustrative purposes only.
Property Information for 160 Railroad Avenue
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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.