62 Vineyard AVE Active

Yonkers,NY 10703

$ 520000

3 Beds

3 Baths

1455 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,455 sqft

Price per Sqft $357

MLS Listing ID KEYH6334054

Style Colonial

Bedrooms 3

Full Baths 3

Year Built 1890

Annual Tax Amount $6,671

Lot Size 2,178 Sqft

Property Description

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.

Location

State NY

County Westchester County

Interior

Heating Baseboard,Natural Gas

Cooling Wall/Window Unit(s)

Exterior

Garage Driveway

Utilities Available Trash Collection Public

Building

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

Elementary Schools Yonkers Early Childhood Academy

Middle Schools Yonkers Middle School

School District Yonkers

Others

Special Listing Condition None

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