Description
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. Key Features 4 fully occupied units with reliable tenants paying rent on time every month. 1 one-bedroom apartment, 1 three?bedroom apartment, & 2 two-bedroom apartments. 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!
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8BEDS
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0.06ACRES
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4BATHS
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01/2 BATHS
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2,394SQFT
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$334$/SQFT
School Information
Description
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. Key Features 4 fully occupied units with reliable tenants paying rent on time every month. 1 one-bedroom apartment, 1 three?bedroom apartment, & 2 two-bedroom apartments. 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!
© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Valley Realty. Data last updated: 2024-10-08T00:18:18.8.