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Excellent investment opportunity for the savvy buyer or investor. Single Family Residence on a double lot, currently in use as a 3-family home with 3 separate and independent units. Live in 1 unit and allow the other two units to pay off your mortgage. Rent roll possibility is $62,000+ with all units rented and opportunity to increase rent with a projected cap rate of 8%+ The conversion process from a single family to a 3 family has already been started and is in place for the next owner to complete. Double lot offers potential opportunities for a developer. The property has an assumable FHA mortgage at a mind boggling 2.375% interest rate. Yes, that is not a typo! 2.375%. Call for additional details or to schedule a viewing.
| DAYS ON MARKET | 2 | LAST UPDATED | 10/24/2024 |
|---|---|---|---|
| YEAR BUILT | 1890 | COUNTY | Westchester |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Yonkers Early Childhood Academy |
|---|---|
| Jr. High School | Yonkers Middle School |
| High School | Palisade Preparatory School |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| BASEMENT | None |
| CONSTRUCTION | Frame |
| HEAT | Baseboard, Natural Gas |
| LOT | 2178 sq ft |
| PARKING | Driveway |
| SEWER | Public Sewer |
| STYLE | Colonial |
| TAXES | 6671 |
| WATER | Public |
| SATELLITE VIEW |
| / | |
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