Single Family House in Westchester
MLS Number | 6334054 |
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Address | 62 Vineyard Avenue, Yonkers, 10703 show map |
Price | $520,000 show mortgage calculator |
Acres | 0 |
Bedrooms | 3 |
Bathrooms | 3 |
Year Built | 1890 |
Est. Sq. Footage | 1455 |
Elementary School | Yonkers Early Childhood Academy |
Jr High-Middle School | Yonkers Middle School |
High School | |
Estimated Taxes | $6,671 |
HOA Fees | |
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Level 2 | |
Level 3 |
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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