Investors, take note! This three-family property features three spacious one-bedroom units, each equipped with its own gas boiler. Tenants pay their own utilities, and there are no current leases in place, offering flexibility to adjust rents to market value. Conveniently situated near Metro-North Railroad, downtown White Plains, shopping, restaurants, parkways, and highways, this property offers high tenant appeal and rental demand. This building is being sold as part of a package with 91 Ferris Avenue and 141 Ferris Avenue for a total of $3.4 million. Don’t miss this incredible opportunity to expand your investment portfolio in a prime location!
Type:
Single-family residential
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Elementary School:
White Plains
Middle School:
White Plains Middle School
High School:
White Plains Senior High School
School District:
White Plains
93 Ferris Avenue, White Plains, NY, 10603
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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