17 Chestnut Street, Yonkers, NY, 10701
$1,249,000
Multi Family
For Sale
12 Beds
, 3 Full Bath
Details
ML#: 866153
- # of Families: 4
- Year Built: 1925
- Taxes: $15,633
- Status:Active
Description
Exceptional Investment Opportunity – Fully Renovated 4-Family Corner Building in YonkersDon’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 – $1, 400/month(1) Three-Bedroom Apartment – $2, 700/month(2) Four-Bedroom Apartments – $2, 400 and $3, 000/monthEach unit includes 1 full bathroomAdditional Income Streams:Storefront (currently used as storage): $800/monthTwo Large 3-Car Garages (used as warehouse): $500/month eachFinancial Highlights:Total Gross Annual Income: $135, 600 with upside potentialLow Property Taxes: Only $15, 633 for 2024Utilities: Tenants pay for their own heat and gas, minimizing owner expensesProperty Highlights:Fully renovated in 2018Well-maintained throughoutStrong rental income and high demand in the areaOpportunities like this are hard to come by in today’s market—ideal for investors seeking reliable cash flow with minimal overhead.
More Property Details
Bedroom: 12
Full Bath: 3
Lot Size: 0.11
Lot Sq Ft: 4792
Garage: Yes
Garage: 6.0
Heat: Radiant
A/C: Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $15,633
School District#: 48
Listing Information provided courtesy of
Realmart Realty LLC
888-362-6543