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Mount Vernon NY, 10550 $799,000

Misc For Sale 8 Beds , 4 Full Bath , 2394 SqFt 

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Details ML#: H6318584  

  • # of Families: 4
  • Year Built: 1922
  • Taxes: $17,976
  • Status:Active

Description

Back on the market was waiting to get one unit vacant to get more easier access. Calling all investors and homebuyers! Are you seeking a lucrative opportunity to add to your portfolio or offset your mortgage payments? Look no further! This exceptional multifamily property in Mount Vernon, NY, offers a unique blend of Commercial & Residential spaces, providing a stable source of rental income and tremendous potential for long-term appreciation, Enjoy a strong return on investment with a cap rate of 8%, providing a stable and predictable income stream. This well-maintained property is a joy to own with a well-designed layout and modern amenities that make it easy to attract and retain tenants. All tenants are up to date on their rent and leases, providing a stable and predictable income stream. Whether you’re a seasoned investor or a first-time homebuyer, this property offers a rare opportunity to generate significant rental income and build wealth through real estate investing! With a stable cash flow and potential for long-term appreciation, this property is an excellent addition to any portfolio. As a homebuyer, you can enjoy a significant reduction in your mortgage payments with the rental income from the three additional units. Don’t miss out on this incredible opportunity! Schedule your tour today before it’s gone!

More Property Details

Room Information

Bedroom: 8   Full Bath: 4  

Property Features

Lot Size: 0.06   Lot Sq Ft: 2614   Approx. Int. Sq. Ft.: 2394.00   Parking Spaces: Yes   Parking Facilities: Driveway  

Appliances & Utilities

Heat: Hot Water, Oil   A/C: Wall/Window Unit(s)   Water: Public   Sewer: Public Sewer   Garbage Removal: Public  

Financial

Taxes: $17,976  

Local Area Information

School District: Cecil H Parker School  

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