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108 Lake Avenue

Yonkers, NY 10703
  • $999,000
  • STATUS: Active
  • ON SITE: 116 Days
  • MLS #: 3497642
UPDATED: 223 min ago
$999,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Middle School:
High School:
School District:

Description

Nestled in the heart of Yonkers, this remarkable 3-family house presents an incredible investment opportunity for savvy buyers seeking a lucrative income property. Boasting a prime location across from the park, this residence offers a blend of comfort, convenience, and exceptional rental potential. With three distinct apartments, a two-car garage, finished basement, and separate gas and electric meters for each unit, this property promises an impressive return on investment. Key Features: Prime Location: Situated across from a picturesque park, this property offers not only scenic views but also easy access to recreational amenities and green spaces, enhancing its appeal to potential tenants. Three Thoughtfully Designed Apartments: The house is divided into three spacious apartments, featuring a 4-bedroom unit, another 4-bedroom unit, and a 2-bedroom unit. Each apartment is designed to maximize living space while ensuring a comfortable and functional layout. Ample Parking: A two-car garage provides convenient parking options for residents, offering protection from the elements and enhancing the overall value of the property. Finished Basement: The finished basement adds an additional layer of versatility to the property, creating opportunities for storage, a communal laundry area, or even a recreational space for residents. Independent Gas and Electric Meters: With separate gas and electric meters for each apartment, this property simplifies the management of utility expenses and allows for accurate billing, providing a seamless experience for both the landlord and tenants. Strong Rental Income: This meticulously maintained property has a history of generating impressive rental income. Its desirable location, well-designed apartments, and modern amenities contribute to its ability to attract and retain quality tenants. Well-Maintained: The property has been diligently cared for, reflecting the pride of ownership and ensuring that tenants will enjoy a comfortable living experience. Prospective buyers can acquire this property with confidence, knowing that it has been consistently kept in excellent condition. In summary, this 3-family house in Yonkers offers a rare combination of location, space, and rental income potential. With its prime park-side setting, well-designed apartments, ample parking, finished basement, and separate utility meters, it stands as a prime investment opportunity in a thriving rental market. Whether you're a seasoned investor or looking to enter the world of real estate, this property is a must-see for those seeking a stable and profitable venture. Don't miss out on the chance to own a piece of Yonkers' real estate gem. Schedule your viewing today.

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© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mark Seiden Real Estate Team | Howard Hanna | Rand Realty. Data last updated: 2023-12-08T00:18:19.013.
www.lowerhudsonvalleyproperties.com/homes/142389849
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108 Lake Avenue Yonkers, NY 10703

  • Price: $999,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 223 min ago
  • MLS #: 3497642
0
Beds
4
Baths
0
½ Baths
0.09
Acres
1920
Built
Neighborhood:
Yonkers
County:
Westchester
Area:
Yonkers
Middle School:
Yonkers Middle School
High School:
Yonkers High School
School District:
Yonkers
Property Description
Nestled in the heart of Yonkers, this remarkable 3-family house presents an incredible investment opportunity for savvy buyers seeking a lucrative income property. Boasting a prime location across from the park, this residence offers a blend of comfort, convenience, and exceptional rental potential. With three distinct apartments, a two-car garage, finished basement, and separate gas and electric meters for each unit, this property promises an impressive return on investment. Key Features: Prime Location: Situated across from a picturesque park, this property offers not only scenic views but also easy access to recreational amenities and green spaces, enhancing its appeal to potential tenants. Three Thoughtfully Designed Apartments: The house is divided into three spacious apartments, featuring a 4-bedroom unit, another 4-bedroom unit, and a 2-bedroom unit. Each apartment is designed to maximize living space while ensuring a comfortable and functional layout. Ample Parking: A two-car garage provides convenient parking options for residents, offering protection from the elements and enhancing the overall value of the property. Finished Basement: The finished basement adds an additional layer of versatility to the property, creating opportunities for storage, a communal laundry area, or even a recreational space for residents. Independent Gas and Electric Meters: With separate gas and electric meters for each apartment, this property simplifies the management of utility expenses and allows for accurate billing, providing a seamless experience for both the landlord and tenants. Strong Rental Income: This meticulously maintained property has a history of generating impressive rental income. Its desirable location, well-designed apartments, and modern amenities contribute to its ability to attract and retain quality tenants. Well-Maintained: The property has been diligently cared for, reflecting the pride of ownership and ensuring that tenants will enjoy a comfortable living experience. Prospective buyers can acquire this property with confidence, knowing that it has been consistently kept in excellent condition. In summary, this 3-family house in Yonkers offers a rare combination of location, space, and rental income potential. With its prime park-side setting, well-designed apartments, ample parking, finished basement, and separate utility meters, it stands as a prime investment opportunity in a thriving rental market. Whether you're a seasoned investor or looking to enter the world of real estate, this property is a must-see for those seeking a stable and profitable venture. Don't miss out on the chance to own a piece of Yonkers' real estate gem. Schedule your viewing today.
Exterior Features

Architectural Style Colonial Attached Garage YN No Construction Materials FrameStucco Cross Street Warring Place Levels Three Or More Lot Features Corner LotNear Public Transit Parking Features Garage Parking Total 2 Property Attached YN No View Park/Greenbelt View YN Yes

Interior Features

Basement Details Partially Finished Bedrooms Total 10 Common Walls No Common Walls Cooling None Cooling YN No Fireplace YN Yes Fireplaces Total 2 Heating Natural GasHot Water Hot Water Electric Stand Alone Number Of Heating Zones 1 Number Of Kitchens 3 Number Of2 Bedrooms 1 Rooms Total 16

Property Features

Community Features Park Fuel Expense 5500 Lease Considered YN No MLSArea Minor 99 New Construction YN No Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 3 Number Of4 Bedrooms 2 Owner Pays Insurance Postal City Yonkers Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 13000 Tax Annual Amount1 13000 Tenant Pays Cooking GasElectricity Water Source Public

Listing courtesy of Yakov Niyazov of Chase Home Sales: 917-213-7175
© 2023 OneKey MLS. All rights reserved.


© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mark Seiden Real Estate Team | Howard Hanna | Rand Realty. Data last updated: 2023-12-08T00:18:19.013.
 
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