$1,050,000
$1,200,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
3,824 Sqft Lot
SOLD DATE : 02/02/2022
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6140294
Year Built 1934
Annual Tax Amount $11,603
Lot Size 3,824 Sqft
Property Sub-Type Multi Family
Property Description
Beautiful Legal 5-family in the heart of Yonkers, featuring two 3-bedroom units, two 2-bedroom units and a 1-bedroom unit, each with a spacious living area. Featuring hardwood floors, two parking spaces and a gated/fenced yard for privacy, this property is in close proximity to the Glenwood Metro North, bus stop, local restaurants, nightlife and up-and-coming Yonkers waterfront that is continuing to experience its revival. Great for the investor and/or perfect for the homeowner who wants to live in one unit and rent the other four units.
Current income approximately $67,200 gross yearly but potential for more as rents are currently below market. While estimated expenses are $26,616.65 and Landlord is only responsible for heat, hot water and common area, this investment features attractive cap rate and cap rate potential. Close to all major transportation, shopping centers, 35 min to manhattan by metro north. Additional Information: HeatingFuel:Oil Above Ground,
Location
State NY
County Westchester County
Interior
Heating Oil
Cooling Wall/Window Unit(s)
Flooring Hardwood
Exterior
Parking Features Driveway, Off Street, On Street
Fence Fenced
Utilities Available Trash Collection Public
View River
Building
Lot Description Near Public Transit, Near School, Views
Sewer Public Sewer
Water Public
Schools
Elementary Schools Yonkers Early Childhood Academy
Middle Schools Yonkers Middle School
High Schools Yonkers
School District Yonkers
Others
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Houlihan Lawrence Inc.