Yonkers real estate for sale in Yonkers

12 Mulberry Street, Yonkers, NY 10701

[Yonkers Real Estate, listing number 7226510]



Description: 7226510
   Discover a terrific opportunity to own a wonderful Investment property, tucked away in the downtown area of Yonkers, just 25 minutes north of Manhattan. This well maintained 7 unit multifamily property offers immediate, stable cash flow- which is ideal for both seasoned investors and those looking to expand their portfolio in a high demand rental market. Located in a vibrant, commuter-friendly area, tenants enjoy easy access to public transportation, shopping, dining, and major highways. This property cash flows with a gross income of $121,020 and the yearly expenses -(Taxes, Insurance, Heat, Water, Electric) combine for $31,832. The buildingâ??s solid fundamentals, consistent occupancy, and low operating costs make it a turnkey investment with strong long-term appreciation prospects.

Details:
   Families: 7
   Property Type: House
   Acres: 0.07
   Built: 1909
   School District: Yonkers

Financials:
   Price: $1,099,000
   Taxes: $9,890