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!
Property Features
Cooling Information
Varies by Unit
Wall/Window Unit(s)
Heating Information
Electric
Hot Water
Utilities
Sewer Connected
Water Connected
Water Features
Public
Parking
Detached
Basement
Full
School Information
School Information for 16 Clinton Place, Suffern, NY 10901
Elementary School
Richard P Connor Elementary School
Middle School
Suffern Middle School
High School
Suffern Senior High School
Listing Courtesy: MS Realty Group USA, Inc - 845-367-7470