16 Clinton Pl, Ramapo, NY 10901

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!