![]() |
Great Investment Opportunity or Owner-Occupied Living with Rental Income Potential in a desirable neighborhood of Yonkers! This well-maintained 3-family home offers incredible upside potential and is being delivered vacant. Perfect for an investor or owner-occupant looking to live in one unit and rent out the others for monthly income. The property features a finished basement with a separate entrance from Colin Street, 4 updated boilers, 4 gas meters, and 4 electric meters. • Unit 1: A 6-room unit, including a kitchen and full bath, with the potential to be converted into a 4-bedroom unit. Additional space to expand with a front porch that could increase room sizes. This unit is vacant. • Unit 2F: Cozy two rooms (one has a closet) with an eat-in kitchen and a full bath with a shower-over-tub. This unit still has a month-to-month tenant. • Unit 2R: Spacious 1-bedroom, which with some layout change, this unit could be transformed into a comfortable 2-bedroom unit with a full bath and shower stall. This unit is vacant. The basement has two entrances, one from inside hallway and one form the back of the property, it is finished with exposed stone walls on some walls and a full bathroom. Approximately 1060 SqFt usable area in the basement and the boiler room is about 120 sqft. Front Porch: Approximately 100 SqFt with a storage closet at the end of the porch. The property features a front and backyard, plus a storage shed. It may be possible to add off-street parking for one car in the backyard (please confirm with the Yonkers Building Department). All units are flooded with natural light from morning to afternoon. Additional Features: • Low annual taxes ($9, 400) • Convenient location with easy access to amenities • All information provided is deemed accurate but must be verified • Showings by appointment only through Showing Time (24-hour notice required for Unit 2F), other units can be shown without any lead time. This is a rare opportunity to own a property with fantastic rental income potential or a spacious home with additional units for rental income. This property will be sold As-Is, however the condition is really good and everything is working well, no deferred maintenance. Don’t miss out—schedule your showing today! Listing agent may accompany otherwise call the listing agent for the pin number to the lockbox that is on the inner entrance door. Submit offers to max@maxkhomes. com.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$849,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.764% | 6.435% |
Monthly Tax Payment | $783 | $783 | $783 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,964 | $4,349 | $5,824 |
Total Monthly Payment | $4,839 | $5,224 | $6,699 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.