$520,000 ($357.39 per sqft)

Est. Mortgage $2,528/mo *

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62 Vineyard Avenue, Yonkers, NY, 10703

62 Vineyard Avenue, Yonkers, NY, 10703

9 rooms

3 beds

3 Full baths

1890

Single Family, Colonial

1,455 sqft

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.


Status:

Active

Type:

Single-family residential

Heating:

Natural Gas, Baseboard

Cooling:

Wall Unit(s)

Basement:

None

Parking:

Driveway

Acreage:

0.05

Est. Taxes:

$6,671

Assessment

$6,000

Construction

Frame

Elementary School:

Yonkers Early Childhood Academy

Middle School:

Yonkers Middle School

School District:

Yonkers

MLS #:

H6334054


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of eXp Realty 888-276-0630