62 Vineyard Avenue, Yonkers, NY, 10703
9 rooms
3 beds
3 Full baths
1890
Colonial
1,455 sqft
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.
Status:
Pending
Type:
Single-family residential
Heating:
Baseboard, Natural Gas
Cooling:
Wall/Window Unit(s)
Basement:
None
Parking:
Driveway
Acreage:
0.05
Est. Taxes:
$6,671
Assessment
$6,000
Construction
Frame
Utilities
Trash Collection Public
Elementary School:
Yonkers Early Childhood Academy
Middle School:
Yonkers Middle School
School District:
Yonkers
Days on Market:
50
Appliances:
Gas Water Heater
MLS #:
H6334054
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of eXp Realty 888-276-0630