Multi Family 2-4 in Westchester County
| MLS Number | 940929 |
|---|---|
| Address | 720 Palisade Avenue, Yonkers, NY 10703 show map |
| Price | $650,000 show mortgage calculator |
| Acres | 0 |
| Year Built | 1898 |
| Est. Sq. Footage | 0 |
| Elementary School | Yonkers |
| Jr High-Middle School | Yonkers |
| High School | Yonkers |
| Estimated Taxes | $11,580 |
| Total Apt Units | 2 |
| Total Bedrooms | 5 |
| # 2 Brs | 1 |
| # 3 Brs | 1 |
Prime value opportunity in North Yonkers on desirable Palisade Avenue. This Victorian-style two-family home offers strong upside for investors, contractors, or end users seeking rental income and long-term appreciation. The first-floor unit features three bedrooms, the second-floor unit offers two bedrooms, and the walk-up attic includes four additional rooms—ideal for future expansion, home office space, or added value (subject to approvals). The property requires renovation but the key mechanical updates are already in place. The boiler was installed in 2018 and a hot water heater less than one year old—helping reduce immediate capital expenses. Additional highlights include a detached one-car garage and a highly convenient location on a bus route with close proximity to shopping, dining, and everyday necessities. Perfect for investors seeking a rehab project with strong rental upside in a high-demand commuter area.
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