This is a fantastic opportunity for a cash-flowing investment on Mamaroneck Ave, 0.2 miles away from the Mamaroneck Train Station. This 7,460 sf, three-story multifamily property sits on a 0.11-acre lot and is comprised of six fully occupied, 2-bedroom railroad-style apartments. Five units are rent-stabilized, and one is Section 8. The rent stabilized units don't have leases. Each unit is separately metered, and the owner is responsible for taxes, insurance, and water. The current GOI is $$170,736 +/-, with an NOI of $127,637 +/-. The owner has completed major renovations over the last two years, adding new heating systems, painting the exterior, installing a new fire escape, etc.