Sold

62 Vineyard Avenue, Yonkers, NY 10703

Beds
3
Baths
3
Sqft
1,455

View property features, location on map, relevant school information and overview from seller's agent.

Listed byeXp Realty
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Overview

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%.



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Location

Full feature list

Basic info

Property type
House
Number of bedrooms
3
Number of bathrooms
3
Square feet
1,455
Lot size (acres)
0.05
Year built
1890

Utilities

Heating
Baseboard
Cooling
Wall/window unit(s)
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount
$6,671

Public schools

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Sourced from: Onekey MLS MLS®#: H6334054 Last checked:

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