Excellent investment opportunity, this well maintained mixed use building features six one bedroom residential units and a highly successful laundromat occupying the commercial space.


Property

Website:https://www.nestseekers.com/5498220
Address:
Mount Vernon, NY 10550
Ownership: For Sale
Type: Multi-Family

Financials

Price:$1,600,000
Annual Taxes:$22,530

Description

Excellent investment opportunity, this well maintained mixed use building features six one-bedroom residential units and a highly successful laundromat occupying the commercial space. Each apartment is separately metered, with tenants responsible for their own heat, hot water, gas and electricity, minimizing owner expenses. The laundromat is powered by four fuel cell machines, generating excess electricity that benefits the owner. Additionally, the building is outfitted with rooftop solar panels, producing ample energy the owner currently only pays a minimal delivery charge, as the property generates its own electricity. This is a rare, income-producing asset with low operating costs and strong upside potential. Don’t miss out on this unique opportunity it won’t last long

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Link NY Realty