Income properties like this dont often come on the market and now is the time to put your money into real estate investment! This is a very rare opportunity to own a legal four family house in the single-family neighborhood of historic Park Hill. Four levels with four spacious apartments. All units feature living room, kitchen, two bedrooms and full bath. First floor has its own sunroom and working fireplace, second floor has its own rear rooftop terrace, third floor has a new bath and views of the Palisades, and lower level has its own charming separate entrance with a side yard.Built in 1926, this stucco and stone property has been extremely well maintained and modernized over the years yet many of the original details are intact...oak parquet floors (some with inlaid border), French doors and high ceilings. Plenty of natural sunlight and spacious rooms.Owner has done numerous updates: young kitchens and baths, 2010 installation of a new boiler and hot water heater system by Buderus (a combination of a modern, environmentally-friendly boiler plus the ultra-efficiency of cutting-edge technology), brand new roof (2012), new stone front stoop (2015), new driveway (2012), new coin-operated washer and dryer (2010), and many newer appliances. Annual rental income of $70,000. Coin-operated laundry on premises with potential for additional $1000 annual income.Great corner property with private level yard surrounded by hedges. Two rear off-street parking spots.Very easy to rent. Close to public transportation: Short walk to Beeline bus to NYC Subway (#1 west side and #4 east side) and express bus into NYC. Twenty minute walk to Yonkers Metro North Station, just 25 minutes from midtown NYC. Walkable to downtown Yonkers and the waterfront.
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