62 Vineyard Avenue, Yonkers, NY, 10703
$520,000
Single Family
For Sale
3 Beds
, 3 Full Bath
, 1455 SqFt
Details
ML#: H6334054
- Style: Colonial
- Year Built: 1890
- Taxes: $6,671
- Status:Active
Description
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.
More Property Details
Bedroom: 3
Full Bath: 3
Other: 3
Lot Size: 0.05
Lot Sq Ft: 2178
Approx. Int. Sq. Ft.: 1455.00
Parking Spaces: Yes
Parking Facilities: Driveway
Heat: Baseboard, Natural Gas
A/C: Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $6,671
School District#: 48
Listing Information provided courtesy of
eXp Realty
888-276-0630