Rare opportunity to own a legal 4-family property in Yonkers with Hudson River views and serious upside potential. This income-producing property features four units, including a 1-bedroom, 1-bath apartment on the first floor that requires a full renovation, creating a prime value-add opportunity, while the second, third, and fourth floors each offer spacious 2-bedroom, 1-bath units in good condition with no immediate work needed. The current rents are extremely low for the area, providing a clear path to increased cash flow and long-term appreciation. Enjoy scenic water views of the Hudson River, adding strong tenant appeal and long-term value. The property also features a private backyard space complete with a hot tub, a nice bonus. The property has off-street parking that can accommodate up to 6 vehicles. Each unit is equipped with separate electric meters, offering added convenience and efficiency for ownership and management. Whether youâ??re an investor looking to increase rents and force appreciation or an owner-occupant seeking additional income, this is a true value-add opportunity.
Details:
Families:
4
Bedrooms:
7
Bathrooms:
4
Property Type:
House
Acres:
0.11
Built:
1900
Financials:
Price:
$1,100,000
Taxes:
$11,414
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 Real Broker NY LLC, Joshua Pismeny - 518-730-4228
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