16 Clinton Place, Suffern, NY 10901
- $599,000
- 4
- BD
- 2
- BA
- List Price
- $599,000
- Status
- PENDING
- Days on Market
- 11
- MLS#
- 1038837
- Subtype
- Residential Income
- Style
- Victorian
- Year Built
- 1990
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Lot Size
- 12,197
- Acres
- 0.28
- Subdivision
- BuilderS TractMultifamily Development Potential
- Neighborhood
- Suffern
Property Description
16 Clinton Place – Excellent Investment Opportunity! Spacious 4-bedroom, 2-bath Victorian with approximately 2,628 sq. ft., a full basement, and detached garage. Current rents are $1,900/month for Unit 1 and $1,850/month for Unit 2, while current market rents are estimated at approximately $2,200/month for each unit, offering strong upside potential. Currently at only a 4.10% cap rate, with the potential to increase to approximately a 6.5% cap rate through rent growth. Offered exclusively as part of an 8-property assemblage sold as one package. Rare investment/development opportunity—place your offer today!
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Additional Information
- Amenities
- None
- Interior Features
- First Floor Bedroom, First Floor Full Bath
- Taxes
- $17,278
- Property Description
- Victorian
- Heating
- Electric, Hot Water
- Air Conditioning
- Varies by Unit, Wall/Window Unit(s)
- Foundation
- Concrete Perimeter
- Parking
- Detached
- Parking Features
- Detached
- Garage Spaces
- 2
- School District
- Suffern
- Elementary School
- Richard P Connor Elementary School
- Middle School
- Suffern Middle School
- High School
- Suffern Senior High School
- View
- Neighborhood
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Listing courtesy of Listing Agent: Asher Berkovic (asher@exitrv.com) from Listing Office: MS Realty Group USA, 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.