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62 Vineyard Avenue, Yonkers, NY 10703

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For Sale
Sale Pending

$520,000

3 beds3 baths1,455 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Single Family Detached
    Property type

  • $357.39
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# H6334054

Courtesy Of eXp Realty LLC

(888) 276-0630

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Colonial
  • Cooling System
    Window Unit(s) A/C
  • Heating System
    Baseboard
  • Lot Size
    0.05 Acres

Map and Directions

Directions to 62 Vineyard Avenue, Yonkers, NY 10703
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Home seller CENTURY 21 Dawn's Gold Realty

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 Dawn's Gold Realty

(914) 793-8800
Learn More About Us

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