242 Kingston Avenue, Yonkers
MLS® # H6286239
Property Overview: Experience the ideal blend of comfort and convenience with this multi-family property located in the heart of Yonkers, NY. This well-maintained building offers a variety of rental options, suitable for diverse tenant needs. With a total of 7 apartments, the property generates a substantial rental income, with an additional opportunity to further increase revenue with a vacant unit. Current Rental Details: Apt #1: $975/month Apt #2: $2,100/month Apt #3: $2,100/month Apt #4: Vacant (Opportunity for new rental income) Apt #5: $930/month Apt #6: $980/month Apt #7: $1,150/month Total Current Rent: $8,235/month (excluding potential income from vacant apartment) Key Financials (2022): Insurance: $4,770/year Taxes (City and County): $12,056/year City of Yonkers Water: $3,910/year Con Edison (Heat & Electricity): $9,740/year Highlights: Prime location in Yonkers, NY, offering easy access to local amenities. Diverse rental units catering to a range of tenant preferences. Well-maintained property with consistent rental income. Opportunity to optimize revenue with vacant unit. Reliable investment with stable annual expenses. Investment Potential: This property represents a prime investment opportunity in a sought-after area. The current rental income, combined with the potential additional revenue from the vacant unit, makes it an attractive option for investors seeking stable and growing returns.
Yonkers Early Childhood Academy
Listing information last updated on May 17th, 2024 at 11:00pm CDT.