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62 Vineyard Avenue Yonkers, 10703
$520,000
  • For Sale
  • 3 Bedrooms
  • 3 Full Baths
  • 1455 SqFt
  • Year Built 1890
  • Single Family
  • ML# H6334054

Property Details

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%. Call for additional details or to schedule a viewing.

Key Facts

  • SqFt: 1455.00
  • Style: Single Family, Colonial
  • Lot Size: 0.05
  • Taxes: $6,671
  • School District#: 48

Additional Features

  • Construction Materials: Frame
  • Garage: 0.0
  • Parking Spaces: Yes
  • Parking Facilities: Driveway

Rooms & Floor Plans

  • Bedroom: 3
  • Full Bath: 3
  • Other: 3

Interior & Utilities

  • Heat: Natural Gas, Baseboard
  • A/C: Wall Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $6,671
Listing Information provided courtesy of eXp Realty  888-276-0630
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