Multi Family 2-4 in Westchester
| MLS Number | 6330371 |
|---|---|
| Address | 54 Ravine Avenue, Yonkers, NY 10701 show map |
| Price | $899,000 show mortgage calculator |
| Acres | 0.05 |
| Year Built | 1942 |
| Est. Sq. Footage | 3186 |
| Elementary School | Yonkers Early Childhood Academy |
| Jr High-Middle School | Yonkers Middle School |
| High School | Yonkers High School |
| Estimated Taxes | $11,074 |
| Total Apt Units | 4 |
| Total Bedrooms | 10 |
| # 2 Brs | 2 |
| # 3 Brs | 2 |
Unbelievable deal in the heart of Prime Downtown Yonkers! 8 min walk to the Metro North! This 4-family, income-producing property offers a unique layout with (2) 2-bedroom apartments (one featuring 2 full bathrooms and backyard access) and (2) 3-bedroom apartments, each with 2 full bathrooms. The top-floor apartment boasts breathtaking river views. The property generates a gross income of $100,200 annually, with potential for more, with a Cap Rate of 8.9%. The property is well maintained and all other units are similar to the vacant unit shown in the pictures. This is truly unheard of in today's market! Each tenant covers their own heating and gas, keeping expenses extra low. Enjoy Yonkers Waterfront, easy access to transportation, shopping, dining, parks, museums, and more. This property offers both an outstanding investment and the potential for owner occupancy don't miss your chance to seize this incredible opportunity!
Walk Metro-North RR
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