Yonkers Real Estate

719 E 242nd Street, Woodlawn, NY 10470

[Woodlawn Real Estate, listing number 7337996]
[PHOTO]
[PHOTO]
[PHOTO]
[PHOTO]
[PHOTO]
[PHOTO]
Description: 7337996
   Prime Investment Opportunity on the Bronx/Mount Vernon Border! This legal 4-family property delivers strong immediate cash flow with incredible value-add potential. The layout features three spacious 2-bedroom apartments and one 1-bedroom apartment, complemented by a bonus basement unit. Currently producing impressive rental income with existing rents at $2,885, $2,997, and $2,750. The building offers immediate flexibility for either an owner-occupant or an investor looking to capitalize on market-rate upside with 1 vacant unit ready for custom delivery or fresh tenancy. Ideally situated just steps from the Mount Vernon line and a short walk to the 2/5 subway lines, offering seamless commuting options into Manhattan. High demand location, steady returns, and major growth potential make this turnkey multi-family a standout addition to any portfolio!

Details:
   Families: 4
   Bedrooms: 6
   Bathrooms: 3
   Property Type: House
   Acres: 0.06
   Built: 1931
   School District: Bronx 11

Financials:
   Price: $1,450,000
   Taxes: $15,903

Contact Office
Contact Office

Contact