In the residential area near Cochran Park in Yonkers, a cash-cow opportunity - 7 family investment property. The building is in great condition in and out, and well taken care off. There is (1) 2 bedroom and (6) 2 bedroom+den apartments, all with living room, eat-in-kitchen, and bathrooms. All the tenants are long term, and rents are under market value. The property also features 2 parking spots, 3 porches, and 4 decks. The total income is $102,516, and expenses including taxes are about $41,860; leaving you with a cap rate of over 9%! The investment property offers a unique opportunity. The first floor level has a super's shop. All the apartment have a balcony. The building is meticulously taken care of by the owner. The property offers two parking spots. So many benefits to mention! Come and see it for yourself!
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