New Listing - 06/08/2024

$849,000 ($315.14 per sqft)

Est. Mortgage $4,237/mo *

Quick Pre-Approval

48 Alder Street, Yonkers, NY, 10701

48 Alder Street, Yonkers, NY, 10701

6 beds

2 Full baths

1924

Two Story

2,694 sqft

Don't miss your chance to make this delightful Yonkers residence your own schedule a showing today and experience the charm and convenience of 48 Alder Street! "Discover the perfect investment opportunity in the heart of Yonkers with this spacious multi-family home located at 48 Alder St. This property features two units, each offering 3 bedrooms and 1 bathroom, ideal for maximizing rental potential. The interior spans a generous total of 2,694 sqft, providing ample space for comfortable living. First floor unit recently remodeled. Financially appealing, this property includes a finished basement that boasts additional rental income $700 a month for storage with 2 rooms.Conveniently enhance your investment with extra earnings from 4 parking garages at $200 each and a boat parking at $250 a month. Total monthly income $6650. A true multi family investment money tree generating close to $80k a year in income. Built to last, the residence is equipped with a gas furnace that's only two years old, ensuring efficient heating and reduced maintenance concerns. The practical layout and sturdy construction of this home promise a low-maintenance, high-yield investment. Location is key, and this property does not disappoint. It's conveniently nestled near essential amenities and transportation links. Yonkers Middle High School lies within a short distance, making it an attractive option for families. Access to the Metro-North Station at Yonkers is just over a mile away, providing easy commutes to Manhattan. Daily necessities can be met at the nearby Food town of Linden St., and for leisure, Tibbetts Brook Park offers lush greenery and outdoor activities close to home. This is more than just a property; it's a chance to invest in a thriving Park Hill community and gain substantial returns from a well-positioned multi-family home. Don't miss out on this exceptional opportunity at 48 Alder Street, where potential meets profitability in an ideal locale.


Status:

Active

Type:

Multi-family

Units:

2

Subdivision:

Park Hill

Garage:

4-car Detached, 4+ Car Detached

Heating:

Natural Gas, Hot Water

Cooling:

Wall Unit(s)

Basement:

Finished, Walk-Out Access

Parking:

6-car

Acreage:

0.08

Est. Taxes:

$8,565

Assessment

$8,000

Construction

Brick, Stucco

Lot Description:

Corner Lot, Near Public Transit

Elementary School:

Yonkers Early Childhood Academy

Middle School:

Yonkers Middle School

High School:

Yonkers High School

School District:

Yonkers

MLS #:

H6311834


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of HomeSmart Homes & Estates (914) 236-5500