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Key Details
Sold Price $550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,455 sqft
Price per Sqft $378
MLS Listing ID H6334054
Sold Date 05/07/25
Style Colonial
Bedrooms 3
Full Baths 3
HOA Y/N No
Rental Info No
Year Built 1890
Annual Tax Amount $6,671
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Single Family Residence
Source onekey2
Property Description
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.
Location
State NY
County Westchester County
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Driveway
Utilities Available Trash Collection Public
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Yonkers Early Childhood Academy
Middle Schools Yonkers Middle School
Others
Senior Community No
Special Listing Condition None
Read Less Info
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Bought with Bank Neary Inc
Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.
Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.
If you're interested in seeing more properties like this, or if you're considering your home - well, you came to the right place. Drop us a line and let's talk.