8 Seymour Street, Yonkers, NY 10701

$975,000
11
BD
5
BA

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Sold Price
$975,000
List Price
$999,000
Status
CLOSED
MLS#
H6271402
Closing Date
Mar 27, 2024
Year Built
1921
Style
Colonial
Bedrooms
11
Bathrooms
5
Acres
0.17

Property Description

Whether you're an investor seeking a reliable income stream or a homeowner looking to live in one unit while renting out the others, this 4 family home plus a storage room that brings in extra $650 income presents a promising opportunity. Rent is below market value and this property could easily bring in over $100,000 per year with an 8% cap rate. The 4 separate units provide the flexibility to rent to multiple tenants, allowing you to maximize your investment. Each unit provides it's own separate entrance and features a well planned layout with multiple bedrooms, living areas, and eat in kitchen spaces, providing a comfortable living environment for residents. One of the two units on the 1st floor has the luxury of a private entrance, eat in kitchen/dining area, hardwood floors, vaulted ceilings, patio, and back yard to enjoy in the warmer months. Additional storage shed in the backyard. This property offers an excellent opportunity for generating rental income while being in close proximity to a plethora of amenities. Residents will enjoy easy access to shopping, dining, entertainment, parks, and public transportation. Commuters will appreciate the convenience of nearby bus stops, Metro North and Amtrak train stations, providing a quick commute to NYC. Additional Information: Amenities:Storage,AdjustedGOI:78000,

Additional Information

Taxes
$13,494
Lot Size
7,405
Interior Features
Eat-in Kitchen, Master Downstairs, Pantry, Walk-In Closet(s)
Flooring
Hardwood
Heating
Forced Air, Natural Gas
Cooling System Type
Wall/Window Unit(s)
Sewer
Public Sewer
Water Source
Public
Appliances
Gas Water Heater
Basement
Unfinished
Parking Spaces
2
Elementary School
Yonkers Early Childhood Academy
Middle School
Yonkers Middle School
High School
Yonkers High School

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Listing courtesy of Listing Agent: Eric Stein (estein0706@gmail.com) from Listing Office: RE/MAX Distinguished Hms.&Prop.

Listing courtesy of Eric Stein from RE/MAX Distinguished Hms.&Prop

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.