
Description
*Property address is 63 St. Andrews place*- 8.3% CAP- Grandfathered 9 unit rental Property in the City of Yonkers consisting of (8) SRO units (single room occupancy) and (1) Large one bedroom apartment with eat in kitchen and own full bath. ONLY 1 OF 4 REMAINING IN YONKERS**LONG TERM CASH PAYING TENANTS ON LEASES**ALL FREE MARKET**units NOT subject or regulated by ETPA or DHCR. Property spans from block to block (front of Building is on 63 St. Andrews place) and has a 4 car detached garage (facing 142 Radford St.). Tremendous upside as each unit can easily be raised $50-100 per month giving new owner $4,800-$9,600 additional annual income! Current Gross annual income is approximately $88,000 and net income $61,000 with a 8.3% cap!
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0BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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3,800SQFT
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$193$/SQFT
School Information
Description
*Property address is 63 St. Andrews place*- 8.3% CAP- Grandfathered 9 unit rental Property in the City of Yonkers consisting of (8) SRO units (single room occupancy) and (1) Large one bedroom apartment with eat in kitchen and own full bath. ONLY 1 OF 4 REMAINING IN YONKERS**LONG TERM CASH PAYING TENANTS ON LEASES**ALL FREE MARKET**units NOT subject or regulated by ETPA or DHCR. Property spans from block to block (front of Building is on 63 St. Andrews place) and has a 4 car detached garage (facing 142 Radford St.). Tremendous upside as each unit can easily be raised $50-100 per month giving new owner $4,800-$9,600 additional annual income! Current Gross annual income is approximately $88,000 and net income $61,000 with a 8.3% cap!
© 2022 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 The Home Team | Berkshire Hathaway HomeServices Hudson Valley Properties. Data last updated: 2022-05-23T00:16:09.587.