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551 Palmer AVE Mamaroneck, NY 10543
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,429 sqft
Price per Sqft $293
MLS Listing ID H5067503
Sold Date 10/05/20
Style Colonial
Bedrooms 6
Full Baths 6
Half Baths 2
Originating Board onekey
Year Built 1924
Annual Tax Amount $16,829
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 0.2900
Property Description
Unlike any other 2 family house! Stunning!! This 1924 house was totally redone in 2004. Great opportunity for owner occupied, or investors! 4 stories, plus attic. All 4 stories are in move-in condition. 2 side-by-side town-homes, with 8 baths and 6 beds, including 2 private laundry rooms, 4 finished garages, 3 trex decks, patio & much more! Walk to village cafes, shops, train, Harbor Island park & beach. Both units are rented. Hydro air heat throughout, 5 heating zones in main house, 4 central air conditioning units. Right side unit has 4 beds/4.5 baths, currently rented at $7,500 per month. Left side unit has 2 beds/2.5 baths, currently rented at $3,900/month. Both tenants pay all utilities, except for water. Both tenants have leases. One garage is currently rented for storage at $250/month. Heated finished storage rooms, above garages, w/side entrance, go with right side unit. Alarm in both units. Nine-zone lawn sprinkler system. For investors, cap rate is 8.9%.
Location
State NY
County Westchester
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Interior Features Eat-in Kitchen, Formal Dining, Entrance Foyer, Granite Counters, Guest Quarters, Master Bath, Pantry, Powder Room, Storage, Walk-In Closet(s)
Heating Natural Gas, Baseboard, Hydro Air
Cooling Central Air
Flooring Hardwood, Wall To Wall Carpet
Fireplace N
Exterior
Exterior Feature Balcony, Sprinkler System
Garage Attached, 1 Car Attached, Detached, 3 Car Detached, Driveway
Garage Spaces 4.0
Fence Fenced
Parking Type Attached, 1 Car Attached, Detached, 3 Car Detached, Driveway
Garage Yes
Building
Lot Description Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Frame, Stucco
Schools
Elementary Schools Mamaroneck Avenue School
Middle Schools Hommocks School
High Schools Mamaroneck High School
School District Mamaroneck
Others
Senior Community No
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Bought with Houlihan Lawrence Inc.
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