54 Ravine AVE Pending Save Request In-Person Tour Request Virtual Tour
Yonkers,NY 10701
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID KEYH6330371
Style Contemporary,Townhouse
Bedrooms 10
Full Baths 7
Originating Board onekey2
Rental Info No
Year Built 1942
Annual Tax Amount $11,074
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Unbelievable deal in the heart of Prime Downtown Yonkers! 8 min walk to the Metro North! This 4-family, income-producing property offers a unique layout with (2) 2-bedroom apartments (one featuring 2 full bathrooms and backyard access) and (2) 3-bedroom apartments, each with 2 full bathrooms. The top-floor apartment boasts breathtaking river views. The property generates a gross income of $100,200 annually, with potential for more, with a Cap Rate of 8.9%. The property is well maintained and all other units are similar to the vacant unit shown in the pictures. This is truly unheard of in today's market! Each tenant covers their own heating and gas, keeping expenses extra low. Enjoy Yonkers Waterfront, easy access to transportation, shopping, dining, parks, museums, and more. This property offers both an outstanding investment and the potential for owner occupancy—don’t miss your chance to seize this incredible opportunity!
Location
State NY
County Westchester County
Interior
Heating Natural Gas,Baseboard,Hot Water
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Fence Fenced
Utilities Available Trash Collection Public
Amenities Available Park
View Water
Building
Lot Description Near Public Transit,Near School,Views
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
Schools
Elementary Schools Yonkers Early Childhood Academy
Middle Schools Yonkers Middle School
High Schools Yonkers High School
School District Yonkers
Others
Senior Community No
Special Listing Condition None