$850,000

5 Mulberry Street, Yonkers, NY 10701

  • 11 beds |
  • 3 baths |
  • 4,200 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1903
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $202/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

This spacious 3 family with long term tenants is currently leased month to month with below market rents. There is tremendous upside for a savy investor. There are many upgrades including a new boiler and hot water tank in 2020 and new roof in 2019. This home is centrally located on a great block with new housing construction bringing value. All leases are expired which can give this property a very high potential income, especially because each unit has very large square footage. This investment is a good choice for a buyer who wants to live in one unit while enjoying the beautiful level and fenced yard and collecting additional income from the other large units to help with their expenses. The location is definitely attractive to homeowners and tenants for the proximity to all public transportation, major highways and all the amenities and attractions that City of Yonkers offers. Very motivated sellers, please submit your offer with proof of funds or pre approval letter. Be part of Yonkers' renaissance!

Listing Status:
Active
Listing Office:
Woodfront Realty, Inc. : 914-661-4030
MLS ID:
884198
  • General: First Floor BedroomFirst Floor Full Bath
  • Basement: FullUnfinished
  • A/C: None
  • Heating: Hot Water

This listing courtesy of Woodfront Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

School 23

56 Van Crtlnd Prk Av, Yonkers, NY, 10701

Grades PK-8

0.53 miles away

S

School 23

56 Van Crtlnd Prk Av, Yonkers, NY, 10701

Grades PK-8

0.53 miles away

Y

Yonkers High School

150 Rockland Ave, Yonkers, NY, 10705

Grades 9-12

0.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.