Exceptional investment opportunity featuring a 5 family income producing property situated on an oversized double lot, offering strong in place cash flow and long term upside potential.
| Website: | https://www.nestseekers.com/5495072 |
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| Address: | Yonkers, NY 10703 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
Financials
Description
Exceptional investment opportunity featuring a 5-family income producing property situated on an oversized double lot, offering strong in place cash flow and long-term upside potential. The property consists of two 2-bedroom, 1-bathroom units and three 1-bedroom, 1-bathroom units, plus a renovated full basement, providing additional flexibility and recreational space. Current rental roll includes Unit 1A – $2,100, Unit 1B – $2,500, Unit 2S – $1,550, Unit 2N – $1,900, and Unit 2E – $1,500. Owner pays heat while tenants are responsible for electric and cooking gas, helping maintain operational efficiency. Situated on a valuable double lot, this income-producing multifamily asset presents a rare opportunity for investors seeking immediate cash flow, long-term appreciation potential, and a strong addition to their investment portfolio.
Amenities
- Back Yard
- Building Security
- Front Yard
- Landscaped
- Natural Gas Connected
- Near Public Transit
- Private
- Smoke Detectors
505 Park Ave, New York, NY 10022 Phone: +1 212-252-8772 Fax: +1 212-252-9347 | |
| Listing Courtesy of Aurum Standard Realty Corp | |