Multi Family 2-4 in Westchester County
| MLS Number | 952048 |
|---|---|
| Address | 142 N Terrace Avenue, Mount Vernon, NY 10550 show map |
| Price | $995,000 show mortgage calculator |
| Acres | 0.076101928374656 |
| Year Built | 1940 |
| Est. Sq. Footage | 0 |
| Elementary School | Hamilton |
| Jr High-Middle School | |
| High School | |
| Estimated Taxes | $16,500 |
| Total Apt Units | 4 |
| Total Bedrooms | 10 |
| # 1 Brs | 1 |
| # 2 Brs | 1 |
| # 3 Brs | 1 |
| # 4 Brs | 1 |
This property is being sold based on the HUGE Rental revenue, Positive cash flow and Renovated BEAUTIFUL condition. The property consists of 3 UNITS PLUS a finished walkout Garden apartment with a legal kitchen and bath. Property is a 4 bedroom 2 bath, 3 bedroom 1 bath, 2 bedroom 1 bath, 1 bedroom 1 bath. Currently the 1st floor 3 bedroom apartment is vacant and the property is still grossing over $87,000 per year!! Why only live rent free when you can live in this apartment and still generate a positive cash flow!! When this apartment is rented out the Building Gross Rental Revenue is a WHOPPING $121, 752. Yes you read correctly- $121, 752!!!! As a bonus Tenants pay for their own cooking gas, electric and hot water. This is a rarity amongst Multi Families and makes this your perfect home or investment cash cow!!
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