Mount Vernon Real Estate

425 S 8th Avenue, Mount Vernon, NY 10550

[Mount Vernon Real Estate, listing number 7290188]



Description: 7290188
   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. Donâ??t miss out on this unique opportunity it wonâ??t last long

Details:
   Families: 7
   Property Type: House
   Built: 1952
   School District: Mount Vernon

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

Contact Office
Contact Office

Contact