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62 Vineyard Avenue

Yonkers, NY 10703
  • $520,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: H6334054
UPDATED: 30 min ago
$520,000
  • 3
    BEDS
  • 0.05
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,455
    SQFT
  • $357
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1890
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

A/O- 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.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2024-11-08T12:19:24.41.
www.hudsonlivingny.com/homes/157121367
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62 Vineyard Avenue Yonkers, NY 10703

  • Price: $520,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 30 min ago
  • ID#: H6334054
3
Beds
3
Baths
0
½ Baths
0.05
Acres
1,455
SQFT
$357
$/SQFT
1890
Built
Neighborhood:
Yonkers
County:
Westchester
Area:
Yonkers
Elementary School:
Yonkers Early Childhood Academy
Middle School:
Yonkers Middle School
High School:
Palisade Preparatory School
School District:
Yonkers
Property Description
A/O- 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.
Exterior Features

Architectural Style Colonial Attached Garage YN No Construction Materials Frame Parking Features Driveway Property Attached YN No

Interior Features

Attic Description None Basement Details None Common Walls No Common Walls Cooling Window Unit(s) Cooling YN Yes Heating Natural GasBaseboard Hot Water Gas Stand Alone Rooms Total 9

Property Features

Garbage Removal Public Lease Considered YN No MLSArea Minor 99 Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Tax Annual Amount 6671 Tax Annual Amount1 6671 Township Yonkers Water Source Public

Listing courtesy of Henry Perez of eXp Realty: 888-276-0630
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2024-11-08T12:19:24.41.
 
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Howard Hanna Rand Realty
46 S Broadway
Nyack NY, 10960