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Property Description
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. Units consist of the following: 4 bedroom 2 bath ( $2929 Monthly Rent) 3 bedroom 1 bath ( Currently Vacant) , 2 bedroom 1 bath ($2537 Rent) , 1 bedroom 1 bath ( $1830 rent) .
Currently the 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!!
Features
- Heating System:
- Other, Natural Gas, Baseboard
- Cooling System:
- No
- Basement:
- No
- Interior Features:
- Other
- Parking Features:
- Off Street
- Sewer:
- Public Sewer
- Utilities:
- Trash Collection Public, Natural Gas Connected
Address Map
- City:
- Mount Vernon
- State:
- NY
- County:
- Westchester County
Property and Construction
- Development Status:
- Brick
- Elementary School:
- Hamilton
- Agent MlsId:
- 18843
- Office MlsId:
- BAYVEW
- Number Of Units:
- 4
- Special Listing Conditions:
- No
- Tax Annual Amount:
- $16,500
- Water Source:
- Public
- PhotosCount:
- 38
Residential Income For Sale
142 Terrace Avenue, Mount Vernon, NY
10 Bedrooms
5 Bathrooms
$995,000
Listing ID #952048
Basic Details
- Property Type :
- Residential Income
- Property SubType :
- Triplex
- Listing ID :
- 952048
- Price :
- $995,000
- Bedrooms :
- 10
- Bathrooms :
- 5
- Bathrooms Total :
- 5
- Year Built :
- 1940
- Status :
- Active
- Status :
- Active
- Listing Office :
- Bayview Realty
- Listing Agent :
- Daniel Feder
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
