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Property Overview: Experience The Ideal Blend Of Comfort And Convenience With This Multi-family Property Located In The Heart Of Yonkers, Ny. This Well-maintained Building Offers A Variety Of Rental Options, Suitable For Diverse Tenant Needs. With A Total Of 7 Apartments, The Property Generates A Substantial Rental Income, With An Additional Opportunity To Further Increase Revenue With A Vacant Unit. Current Rental Details: Apt #1: $975/month Apt #2: $2, 100/month Apt #3: $2, 100/month Apt #4: Vacant (opportunity For New Rental Income) Apt #5: $930/month Apt #6: $980/month Apt #7: $1, 150/month Total Current Rent: $8, 235/month (excluding Potential Income From Vacant Apartment) Key Financials (2022): Insurance: $4, 770/year Taxes (city And County): $12, 056/year City Of Yonkers Water: $3, 910/year Con Edison (heat & Electricity): $9, 740/year Highlights: Prime Location In Yonkers, Ny, Offering Easy Access To Local Amenities. Diverse Rental Units Catering To A Range Of Tenant Preferences. Well-maintained Property With Consistent Rental Income. Opportunity To Optimize Revenue With Vacant Unit. Reliable Investment With Stable Annual Expenses. Investment Potential: This Property Represents A Prime Investment Opportunity In A Sought-after Area. The Current Rental Income, Combined With The Potential Additional Revenue From The Vacant Unit, Makes It An Attractive Option For Investors Seeking Stable And Growing Returns.
Location/Town | Yonkers |
Area/County | Westchester |
Prop. Type | 7 Family Building for Sale |
Tax | $12,056.00 |
Year Built | 1909 |
Construction | Vinyl Siding |
Total Units | 7 |
Lot SqFt | 3,485 |
Cooling | Window Unit(s) |
Heat Source | Natural Gas, Baseboa |
Parking Features | On Street |
Tax Assessed Value | 10700 |
Units | 7 |
School District | Yonkers |
Middle School | Yonkers Middle School |
Elementary School | Yonkers Early Childhood Academ |
High School | Yonkers High School |
Listing information courtesy of: Elite Real Estate Group 1 LLC |