38
See all 38 photos
$995,000
Est. payment /mo
10 Beds
5 Baths
3,314 Sqft Lot
New
142 N Terrace AVE Mount Vernon, NY 10550
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 952048
Bedrooms 10
Full Baths 5
Rental Info No
Year Built 1940
Annual Tax Amount $16,500
Lot Size 3,314 Sqft
Acres 0.0761
Property Sub-Type Triplex
Source onekey2
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. 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!!
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!!
Location
State NY
County Westchester County
Rooms
Basement None
Interior
Interior Features Other
Heating Baseboard, Natural Gas, Other
Cooling None
Fireplace No
Exterior
Parking Features Off Street
Utilities Available Natural Gas Connected, Trash Collection Public
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Hamilton
High Schools Mount Vernon
School District Mount Vernon
Others
Senior Community No
Special Listing Condition None
Listed by Bayview Realty • Daniel Feder
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