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62 Vineyard Avenue, Yonkers, NY, 10703 $520,000

Single Family For Sale 3 Beds , 3 Full Bath , 1455 SqFt 

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Details ML#: H6334054  

  • Style: Colonial
  • Year Built: 1890
  • Taxes: $6,671
  • Status:Active

Description

A/O- Contract has been sent out. Showing for back ups. Excellent investment opportunity for the savvy buyer or investor. Single Family Residence on a double lot, currently in use as a 3-family home with 3 separate and independent units. Live in 1 unit and allow the other two units to pay off your mortgage. Rent roll possibility is $62, 000+ with all units rented and opportunity to increase rent with a projected cap rate of 8%+ The conversion process from a single family to a 3 family has already been started and is in place for the next owner to complete. Double lot offers potential opportunities for a developer. The property has an assumable FHA mortgage at a mind boggling 2.375% interest rate. Yes, that is not a typo! 2.375%. Call for additional details or to schedule a viewing.

More Property Details

Room Information

Bedroom: 3   Full Bath: 3   Other: 3  

Property Features

Lot Size: 0.05   Lot Sq Ft: 2178   Approx. Int. Sq. Ft.: 1455.00   Parking Spaces: Yes   Parking Facilities: Driveway  

Appliances & Utilities

Heat: Baseboard, Natural Gas   A/C: Wall/Window Unit(s)   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $6,671  

Local Area Information

School District#: 48  

Listing Information provided courtesy of eXp Realty  888-276-0630
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    • (718) 564-9327
    • 718-225-3464
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