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48 Alder Street, Yonkers, NY 10701

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For Sale

$849,000

6 beds • 2 baths • 2,694 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $315.14
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Don't miss your chance to make this delightful Yonkers residence your own schedule a showing today and experience the charm and convenience of 48 Alder Street! "Discover the perfect investment opportunity in the heart of Yonkers with this spacious multi-family home located at 48 Alder St. This property features two units, each offering 3 bedrooms and 1 bathroom, ideal for maximizing rental potential. The interior spans a generous total of 2,694 sqft, providing ample space for comfortable living. First floor unit recently remodeled. Financially appealing, this property includes a finished basement that boasts additional rental income $700 a month for storage with 2 rooms.Conveniently enhance your investment with extra earnings from 4 parking garages at $200 each and a boat parking at $250 a month. Total monthly income $6650. A true multi family investment money tree generating close to $80k a year in income. Built to last, the residence is equipped with a gas furnace that's only two years old, ensuring efficient heating and reduced maintenance concerns. The practical layout and sturdy construction of this home promise a low-maintenance, high-yield investment. Location is key, and this property does not disappoint. It's conveniently nestled near essential amenities and transportation links. Yonkers Middle High School lies within a short distance, making it an attractive option for families. Access to the Metro-North Station at Yonkers is just over a mile away, providing easy commutes to Manhattan. Daily necessities can be met at the nearby Food town of Linden St., and for leisure, Tibbetts Brook Park offers lush greenery and outdoor activities close to home. This is more than just a property; it's a chance to invest in a thriving Park Hill community and gain substantial returns from a well-positioned multi-family home. Don't miss out on this exceptional opportunity at 48 Alder Street, where potential meets profitability in an ideal locale. CAN BE DELIVERED VACANT
MLS# H6311834

Courtesy Of HomeSmart Homes and Estates

(845) 547-0005

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Wall Unit(s) A/C
  • Exterior Type
    Brick, Stucco
  • Heating Fuel
    Natural Gas
  • Heating System
    Hot Water
  • Lot Size
    0.08 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath

Map and Directions

Directions to 48 Alder Street, Yonkers, NY 10701

Home seller CENTURY 21 ROYAL

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 ROYAL

(914) 722-0700
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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