62 Vineyard Avenue, Yonkers NY 10703

Pending

$520,000

62 Vineyard Avenue, Yonkers, NY 10703

bedrooms

bathrooms

square feet

1,455

Acreage

0.05

Open Houses

year built

1890

Full Baths

Half Baths

Find out more

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.

Location
Subdivision	-
County	Westchester County
Elementary School	Yonkers Early Childhood Academy
Middle School	Yonkers Middle School
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: H6334054

Listing agent: Henry Perez #10401375058

Listing broker: Exp Realty Llc (888) 276-0630

Last update: Friday, January 31 2025 at 7:21 p.m. EST

Kotohomes National