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Key Details
Sold Price $975,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6271402
Sold Date 03/27/24
Style Colonial
Bedrooms 11
Full Baths 5
HOA Y/N No
Rental Info No
Year Built 1921
Annual Tax Amount $13,494
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Quadruplex
Source onekey2
Property Description
Whether you're an investor seeking a reliable income stream or a homeowner looking to live in one unit while renting out the others, this 4 family home plus a storage room that brings in extra $650 income presents a promising opportunity. Rent is below market value and this property could easily bring in over $100,000 per year with an 8% cap rate. The 4 separate units provide the flexibility to rent to multiple tenants, allowing you to maximize your investment. Each unit provides it's own separate entrance and features a well planned layout with multiple bedrooms, living areas, and eat in kitchen spaces, providing a comfortable living environment for residents. One of the two units on the 1st floor has the luxury of a private entrance, eat in kitchen/dining area, hardwood floors, vaulted ceilings, patio, and back yard to enjoy in the warmer months. Additional storage shed in the backyard. This property offers an excellent opportunity for generating rental income while being in close proximity to a plethora of amenities. Residents will enjoy easy access to shopping, dining, entertainment, parks, and public transportation. Commuters will appreciate the convenience of nearby bus stops, Metro North and Amtrak train stations, providing a quick commute to NYC. Additional Information: Amenities:Storage,AdjustedGOI:78000,
Location
State NY
County Westchester County
Rooms
Basement Unfinished
Interior
Interior Features Eat-in Kitchen, Master Downstairs, Pantry, Walk-In Closet(s)
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Driveway, On Street
Utilities Available Trash Collection Public
Amenities Available Park
Total Parking Spaces 2
Building
Lot Description Level, Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Frame,Shingle Siding
Schools
Elementary Schools Yonkers Early Childhood Academy
Middle Schools Yonkers Middle School
High Schools Yonkers
School District Yonkers
Others
Senior Community No
Special Listing Condition None
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Bought with The Pimentel Group LLC
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Valon Nikci
CEO & Principal Broker | License ID: 10991208180
CEO & Principal Broker License ID: 10991208180