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$520,000
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62 Vineyard Ave Yonkers, NY 10703
Single Family
Residence
3
Beds
3
Baths
...
Bed/Bath
1,455
Sq. Ft.
Property Activity
Time on Site
days
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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.
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MLS#
H6334054
Property Type
Single Family
Bedrooms
3
Bathrooms
3 Full
Year Built
1890
Square Feet
1,455
sq. ft
Lot Size
0.05
Sewer
Public Sewer
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