SOLD
Description
Beautiful Legal 5-family in the heart of Yonkers, featuring two 3-bedroom units, two 2-bedroom units and a 1-bedroom unit, each with a spacious living area. Featuring hardwood floors, two parking spaces and a gated/fenced yard for privacy, this property is in close proximity to the Glenwood Metro North, bus stop, local restaurants, nightlife and up-and-coming Yonkers waterfront that is continuing to experience its revival. Great for the investor and/or perfect for the homeowner who wants to live in one unit and rent the other four units. Current income approximately $67,200 gross yearly but potential for more as rents are currently below market. While estimated expenses are $26,616.65 and Landlord is only responsible for heat, hot water and common area, this investment features attractive cap rate and cap rate potential. Close to all major transportation, shopping centers, 35 min to manhattan by metro north.
Listing Courtesy of keller williams realty