54 Ravine AVE Pending

Yonkers,NY 10701

$ 899000

10 Beds

7 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID KEYH6330371

Style Contemporary,Townhouse

Bedrooms 10

Full Baths 7

Year Built 1942

Annual Tax Amount $11,074

Lot Size 2,178 Sqft

Property Description

Unbelievable deal in the heart of Prime Downtown Yonkers! 8 min walk to the Metro North! This 4-family, income-producing property offers a unique layout with (2) 2-bedroom apartments (one featuring 2 full bathrooms and backyard access) and (2) 3-bedroom apartments, each with 2 full bathrooms. The top-floor apartment boasts breathtaking river views. The property generates a gross income of $100,200 annually, with potential for more, with a Cap Rate of 8.9%. The property is well maintained and all other units are similar to the vacant unit shown in the pictures. This is truly unheard of in today's market! Each tenant covers their own heating and gas, keeping expenses extra low. Enjoy Yonkers Waterfront, easy access to transportation, shopping, dining, parks, museums, and more. This property offers both an outstanding investment and the potential for owner occupancy—don’t miss your chance to seize this incredible opportunity!

Location

State NY

County Westchester County

Interior

Heating Natural Gas,Baseboard,Hot Water

Cooling Wall/Window Unit(s)

Exterior

Parking Features On Street

Fence Fenced

Utilities Available Trash Collection Public

Amenities Available Park

View Water

Building

Lot Description Near Public Transit,Near School,Views

Sewer Public Sewer

Water Public

Structure Type Brick,Vinyl Siding

Schools

Elementary Schools Yonkers Early Childhood Academy

Middle Schools Yonkers Middle School

High Schools Yonkers High School

School District Yonkers

Others

Special Listing Condition None

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