Turnkey, cash flowing investment opportunity featuring a fully legal three family residential building.


Property

Website:https://www.nestseekers.com/5684247
Address:
Yonkers, NY 10704
Ownership: For Sale
Type: Unknown
Bedrooms: 6 BR
Bathrooms: 3

Financials

Price:$1,199,000
Annual Taxes:$13,612

Description

Turnkey, cash-flowing investment opportunity featuring a fully legal three-family residential building. Spanning 1,923 total square feet, this property offers three well-maintained, highly functional residential units along with a full basement for tenant storage or utility expansion. Key Features & Layout Unit Configuration: Three independent residential units, each configured as a 2-Bedroom, 1-Bathroom layout. Property Size: 1,923 gross square feet across the three levels. Basement: Full footprint basement, providing options for additional tenant storage, laundry installation, or landlord facilities. Zoning & Use: Fully legal three-family triplex. Financial & Occupancy Highlights Occupancy: 100% occupied with steady, reliable tenants in place. Rental Income: In-place rents range from $2,000 to $2,700 per month per unit, generating strong immediate cash flow. Lease Terms: All three units are secured under existing leases with at least 8 months remaining, ensuring guaranteed income continuity for the incoming buyer with no immediate vacancy risks. This property represents an exceptional hands-off asset for an investor seeking immediate ROI, stabilized long-term tenants, and upside potential in a strong rental market.

Amenities

  • Cable Connected
  • Eat-in Kitchen
  • Electricity Connected
  • Entrance Foyer
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas Connected
  • Open Kitchen
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Contact

2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of Century 21 Dawns Gold Realty