Welcome to an exceptional investment opportunity perfect for savvy investors & daily commuters seeking to capitalize on a lucrative market. This outstanding 6-family dwelling offers a unique chance to own a substantial piece of income-generating real estate. Each unit boasts a generous layout with 2 bedrooms, a dining area, ample storage, & features such as modern kitchens, upgraded bathrooms. hardwood floors, high ceilings, & abundant natural light. A detached double garage, coupled with additional driveway parking, ensures ample space for vehicles. The fenced rear yard is an inviting space for entertainment or a play area, adding to the charm and functionality of the property. The building operates under rent stabilization, generating a robust annual income of $126K against expenses of just $36K, highlighting the solid returns on investment. With a full basement that presents potential for further development & an unbeatable location less than 0.5 miles to Ludlow Metro North station, offering a swift commute into New York City, this property is a commuter''s dream. Close to buses, shopping, and recreational spots, it stands out as an attractive offering in a well-connected neighborhood. Seize this chance to dive into the world of real estate with a property that promises strong income and growth potential. Donâ??t let this rare find slip away â?? invest in a future of possibilities today!
Details:
Families:
6
Property Type:
House
Acres:
0.11
Built:
1913
School District:
Yonkers
Financials:
Price:
$1,099,000
Taxes:
$18,298
For More Information Call 914-776-1670 or Contact Agent
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Listing Information provided courtesy of Houlihan Lawrence Inc., Tony Murphy - 914-328-8400
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