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 |