Discover a terrific opportunity to own a wonderful Investment property, tucked away in the downtown area of Yonkers, just 25 minutes north of Manhattan. This well maintained 7 unit multifamily property offers immediate, stable cash flow- which is ideal for both seasoned investors and those looking to expand their portfolio in a high demand rental market. Located in a vibrant, commuter-friendly area, tenants enjoy easy access to public transportation, shopping, dining, and major highways. This property cash flows with a gross income of $121,020 and the yearly expenses -(Taxes, Insurance, Heat, Water, Electric) combine for $31,832. The building’s solid fundamentals, consistent occupancy, and low operating costs make it a turnkey investment with strong long-term appreciation prospects.
Property Features
Utilities
Natural Gas Available
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Parking
No Garage
None
Cooling Information
Wall/Window Unit(s)
Heating Information
Natural Gas
Water Features
Public
Basement
Finished
School Information
School Information for 12 Mulberry Street, Yonkers, NY 10701