Exceptional Investment Opportunity – Fully Renovated 4-Family Corner Building in Yonkers
Don't miss this rare chance to own a high-yield, income-producing property in a quiet corner of Yonkers. This well-maintained 4-family building features a unique and flexible layout:
(1) One-Bedroom Apartment – $2,000/month
(1) Three-Bedroom Apartment – $2,926/month
(2) Four-Bedroom Apartments – $2,000 and $3,000/month
Each unit includes 1 full bathroom
Additional Income Streams:
Storefront (currently used as storage): $850/month
Two Large 3-Car Garages (used as warehouse): $500/month, $650/month
Total: $11,926/month
Financial Highlights:
Total Gross Annual Income: $143,000 (current)
Low Property Taxes: Only $15,633 for 2024
Utilities: Tenants pay for their own heat and gas, minimizing owner expenses
Property Highlights:
Fully renovated in 2018
Well-maintained throughout
Strong rental income and high demand in the area
Opportunities like this are hard to come by in today’s market—ideal for investors seeking reliable cash flow with minimal overhead.