$899,000 ($282.17 per sqft)

Pending

Est. Mortgage $4,370/mo *

Quick Pre-Approval

54 Ravine Avenue, Yonkers, NY, 10701

54 Ravine Avenue, Yonkers, NY, 10701

10 beds

7 Full baths

1942

Townhouse, Contemporary

3,186 sqft

Unbelievable deal in the heart of Prime Downtown Yonkers! 8 min walk to the Metro North! This 4-family, income-producing property offers a unique layout with (2) 2-bedroom apartments (one featuring 2 full bathrooms and backyard access) and (2) 3-bedroom apartments, each with 2 full bathrooms. The top-floor apartment boasts breathtaking river views. The property generates a gross income of $100,200 annually, with potential for more, with a Cap Rate of 8.9%. The property is well maintained and all other units are similar to the vacant unit shown in the pictures. This is truly unheard of in today's market! Each tenant covers their own heating and gas, keeping expenses extra low. Enjoy Yonkers Waterfront, easy access to transportation, shopping, dining, parks, museums, and more. This property offers both an outstanding investment and the potential for owner occupancy don't miss your chance to seize this incredible opportunity!


Status:

Pending

Type:

Multi-family

Units:

4

Heating:

Natural Gas, Baseboard, Hot Water

Cooling:

Window Unit(s)

Parking:

On Street

Acreage:

0.05

Est. Taxes:

$11,074

Assessment

$9,200

Construction

Brick, Vinyl Siding

Lot Description:

Near Public Transit

View Description:

Water

Waterfront:

Yes

Elementary School:

Yonkers Early Childhood Academy

Middle School:

Yonkers Middle School

High School:

Yonkers High School

School District:

Yonkers

Days on Market:

7

MLS #:

H6330371


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Keller Williams Realty Group 917-848-8018