HIGH INCOME PRODUCING BUILDING. THIS LARGE BUILDING HAS (4) 2 BEDROOM APARTMENTS, (3) 3 BEDROOM APARTMENTS THAT HAVE BEEN REMODELED FROM TOP TO BOTTOM. KITCHENS HAVE ALL NEW STAINLESS STEAL APPLIANCES. TENANTS PAY THIER OWN UTILITIES. THE LAUNDRY MAT IS INCLUDED IN THE SALE. 26 WASHING MACHINES AND 12 DRYERS.(LAUNDRY MAT IS CURRENTLY BEING RENTED OUT AT $2,000.00 PER MONTH. SHOULD THE CURRENT TENANT RENEW LEASE AS PER TERMS THE RENT GOES UP $100.00 PER YEAR FOR EACH YEAR IT IS RENEWED.) BE ADVISED THERE IS NO PERMITS FOR THE LAUNDRY MAT BUYERS MUST APPLY FOR PERMITS. THE INCOME FROM THE LAUNDRY MAT IS NOT INCLUDED IN THE GROSS INCOME LISTED. WHOLE BUILDING COMPLETELY RENOVATED WITH IN THE PAST 3YEARS.
Price includes the adjoining 18 car lot on a separate deed. Will only be sold as package deal. Please check the numbers, this property has a cap rate over 8% BUT it should be well over 10 and possibly over 12. The numbers make sense and are directly from the schedule E for 2014. 7 units, 18 parking spots in a great and upcoming location. Please watch the video, no showings without first seeing video.
Great investment opportunity. 5 unit building, gut renovated in 2007/2008. Fully leased. Good upside opportunity. Building features 5 upgraded electric & gas meters, new plumbing, roof, furnace, 1 hot water tank, new baths and kitchens. Tenants pay heat, electric, gas and hot water. Owner pays for water and common area electric. One 4 Bedroom apt. is a duplex with 2 baths. All units have fire escapes, living room, EIK and the duplex has a dining room. Lot across the street being developed into residences. Close to worship, parks and transportation. Easy maintenance, low expense. Well maintained structure. Cap Rate 8.45%
Cash cow!! Well kept brick building located in busy section of Yonkers, boasting good income and stability. Updates include roof, apartments whenever a vacancy occurs. Income and expenses available per request. Owners are motivated.
All Brick Legal 3 family home in excellent condition. Oak Hardwood floors, ample parking New kitchens baths, And Hot water heater. Full walkout basement. No Leases Rents below market value .Coin operated laundry area. Convenient to all. Great for owner user/ Investor . Call LA for details.
Beautiful All Brick two family in beautiful Lincoln Park.Builders own quality. Features three new Eat-in Kitchens and formal dining rooms.Kitchens boast stainless steel appliances, granite counter tops,glass backsplash. Three gorgeous new baths have imported tile and granite vanities. Gorgeous in-lay hardwood floors. Fireplace in each unit.Balcony on top floor.Separate Laundry Center..Cambridge pavers.Professionally landscaped grounds with extensive drainage all around.Corner Property
Welcome to 114 Cox avenue- Terrific and Immaculate Legal 4 Family Home with detached over sized 2 car garage situated in the highly desirable "McLean Heights" section of Yonkers. This prime rental location is a wonderful investment opportunity presenting a Large First floor 3 bedroom unit featuring Eat-in-Kitchen, Family room and lovely hardwood floors throughout. 2nd floors consists of (2) 1 bed units- w/ Open Kitchen/Living room concept and separate bedrooms. One of the units has been completed updated w/ Custom kitchen and bath. The 4th unit is a great 1 bedroom walk in apartment. Windows, roof, siding and gas boiler are well maintained and good parking with long driveway- ideal for 4 to 5 cars. Truly a commuters dream- just minutes to Metro North Train, Express bus, playgrounds, major parkways and 25 min to NYC!!! Great R.O.I or to live in one unit and rent the others to help pay down your mortgage. *(Taxes are $11,715 and that does NOT reflect the Star savings of $1137 per year)*
Great investment home in the heart of Eastchester with LOW TAXES. The property is commercially zoned for MIXED-USE, as well. Perfect for a doctor, lawyer, accountant or any other professional looking to conduct their practice from, as well as collect rent from the other units; ideally located off of Fisher Avenue where there are businesses already. Walking distance to the metro-north and to the center of town. The taxes do not reflect the basic STAR exemption of $1507.00 so ultimately the taxes would be $12,564 for owner-occupied.