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MLS Number
L1002001
Address
Yonkers, NY 10703
Price
$1,449,000
Dwelling type
Multi Family

Remarks

Exceptional investment opportunity featuring a 5-family income producing property situated on an oversized double lot, offering strong in place cash flow and long-term upside potential. The property consists of two 2-bedroom, 1-bathroom units and three 1-bedroom, 1-bathroom units, plus a renovated full basement, providing additional flexibility and recreational space. Current rental roll includes Unit 1A – $2,100, Unit 1B – $2,500, Unit 2S – $1,550, Unit 2N – $1,900, and Unit 2E – $1,500. Owner pays heat while tenants are responsible for electric and cooking gas, helping maintain operational efficiency. Situated on a valuable double lot, this income-producing multifamily asset presents a rare opportunity for investors seeking immediate cash flow, long-term appreciation potential, and a strong addition to their investment portfolio.

Amenities

  • Basement

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