114-116 Ferris Avenue, White Plains, NY 10603
- $925,000
- 4
- BD
- 3
- BA
- List Price
- $925,000
- Status
- ACTIVE
- MLS#
- 1030765
- Year Built
- 1925
- Style
- Colonial
- Bedrooms
- 4
- Bathrooms
- 3
- Acres
- 0.14
Property Description
Fantastic mixed-use investment opportunity in White Plains! This well-maintained property features two fully renovated 2-bedroom apartments plus a leased retail storefront, near I-287, the Bronx River Parkway, and just 0.4 miles from the White Plains Metro-North Station (under 35 minutes to NYC!). The 2nd floor unit is currently leased at $2,800/month through February 2027, and landlord covers heat for the entire property. The 1st floor unit is fully renovated and vacant which is perfect for an owner-occupant or immediate lease-up. The retail storefront is leased on a 5-year term through February 2031 with annual rent escalations, and the tenant pays their own electric. On-site parking available in the rear/driveway, plus street parking for retail customers. A great opportunity for investors or an owner-user looking for rental income to help offset their mortgage. Don't miss this one!
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Additional Information
- Taxes
- $10,617
- Lot Size
- 5,934
- Interior Features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
- Flooring
- Tile, Wood
- Heating
- Hot Water, Oil
- Cooling System Type
- Wall/Window Unit(s)
- Sewer
- Public Sewer
- Water Source
- Public
- Basement
- Full, Storage Space, Unfinished, Walk-Out Access
- Garage Spaces
- 2
- Parking Spaces
- 5
- Elementary School
- White Plains (Controlled Parents Choice)
- Middle School
- White Plains Middle School
- High School
- White Plains Senior High School
Mortgage Calculator
Listing courtesy of Listing Agent: Christopher Krzeminski (chrisk@cjpagano.com) from Listing Office: C. J. Pagano & Sons, Inc..
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.