Property Details

Overview

Calling all investors and homebuyers! Are you seeking a lucrative opportunity to add to your portfolio or offset your mortgage payments? Look no further! This exceptional multifamily property in Mount Vernon, NY, offers a unique blend of Commercial & Residential spaces, providing a stable source of rental income and tremendous potential for long-term appreciation. Key Features 4 fully occupied units with reliable tenants paying rent on time every month. 1 one-bedroom apartment, 1 three?bedroom apartment, & 2 two-bedroom apartments. Enjoy a strong return on investment with a cap rate of 8%, providing a stable and predictable income stream. This well maintained property is a joy to own with a well-designed layout and modern amenities that make it easy to attract and retain tenants. All tenants are up to date on their rent and leases, providing a stable and predictable income stream. Whether you’re a seasoned investor or a first-time homebuyer, this property offers a rare opportunity to generate significant rental income and build wealth through real estate investing! With a stable cash flow and potential for long-term appreciation, this property is an excellent addition to any portfolio. As a homebuyer, you can enjoy a significant reduction in your mortgage payments with the rental income from the three additional units. Don’t miss out on this incredible opportunity! Schedule your tour today before it’s gone!