54 Ravine Avenue
Yonkers, New York
$899,000 Price
10 Bedrooms  

Contract Signed

Unbelievable deal in the heart of Prime Downtown Yonkers! 8 min walk to the Metro North! This 4-family, income-producing property offers a unique layout with (2) 2-bedroom apartments (one featuring 2 full bathrooms and backyard access) and (2) 3-bedroom apartments, each with 2 full bathrooms. The top-floor apartment boasts...

Unbelievable deal in the heart of Prime Downtown Yonkers! 8 min walk to the Metro North! This 4-family, income-producing property offers a unique layout with (2) 2-bedroom apartments (one featuring 2 full bathrooms and backyard access) and (2) 3-bedroom apartments, each with 2 full bathrooms. The top-floor apartment boasts breathtaking river views. The property generates a gross income of $100,200 annually, with potential for more, with a Cap Rate of 8.9%. The property is well maintained and all other units are similar to the vacant unit shown in the pictures. This is truly unheard of in today's market! Each tenant covers their own heating and gas, keeping expenses extra low. Enjoy Yonkers Waterfront, easy access to transportation, shopping, dining, parks, museums, and more. This property offers both an outstanding investment and the potential for owner occupancy don't miss your chance to seize this incredible opportunity!

Listing courtesy of Keller Williams Realty Group

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Contract Signed
Yonkers, New York
Type:
Price: $899,000
Web ID: 6330371

Info & Amenities

Bedrooms: 10
Bathrooms: 7.0
Built: 1942

Get to Know Yonkers

Yonkers is a vibrant and diverse city located just north of the Bronx in Westchester County. Often referred to as the 'Gateway to the Hudson Valley,' Yonkers is a place where historic charm meets modern convenience. With its rich history, scenic views, and an array of cultural attractions, the city has something to offer everyone.

More About Yonkers

Neighborhood Guide to Yonkers