Multifamily For Sale
209 Franklin Avenue, Mount Vernon, NY
$1,300,000
Price
6.5%
Cap Rate
$84,810
NOI
Overview
Description
Team Lala of RM Friedland is pleased to present the opportunity to acquire this ten family building located on the west side of Franklin Avenue just south of East Third Street in the city of Mount Vernon, New York.
Features in this 'all brick' multifamily building include: security cameras, intercom system, steel and glass entrance, a silver-coated rubber roof, a clean tile lobby, and many preserved original features.
Systems include: two 275 gallon oil tanks and eleven electric meters in the basement.
Tenants benefit from local bus service with multiple stops located an estimated 150 feet from the subject property.
Documents
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Offering Memorandum
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