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
Double C Realty Kieran Dwyer Real Estate Salesperson Office: 914-776-1670
