48 Alder Street, Yonkers, NY 10701

$849,000
6
BD
2
BA

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Sold Price
$849,000
List Price
$849,000
Status
CLOSED
MLS#
H6311834
Closing Date
May 09, 2025
Year Built
1924
Levels
Two
Bedrooms
6
Bathrooms
2
Acres
0.08
Subdivision
Park Hill

Property Description

Don't miss your chance to make this delightful Yonkers residence your own – schedule a showing today and experience the charm and convenience of 48 Alder Street! "Discover the perfect investment opportunity in the heart of Yonkers with this spacious multi-family home located at 48 Alder St. This property features two units, each offering 3 bedrooms and 1 bathroom, ideal for maximizing rental potential. The interior spans a generous total of 2,694 sqft, providing ample space for comfortable living. First floor unit recently remodeled.  Financially appealing, this property includes a finished basement that boasts additional rental income $700 a month for storage with 2 rooms.Conveniently enhance your investment with extra earnings from 4 parking garages at $200 each and a boat parking at $250 a month. Total monthly income $6650. A true multi family investment money tree generating close to $80k a year in income. Built to last, the residence is equipped with a gas furnace that's only two years old, ensuring efficient heating and reduced maintenance concerns. The practical layout and sturdy construction of this home promise a low-maintenance, high-yield investment. Location is key, and this property does not disappoint. It’s conveniently nestled near essential amenities and transportation links. Yonkers Middle High School lies within a short distance, making it an attractive option for families. Access to the Metro-North Station at Yonkers is just over a mile away, providing easy commutes to Manhattan. Daily necessities can be met at the nearby Food town of Linden St., and for leisure, Tibbetts Brook Park offers lush greenery and outdoor activities close to home. This is more than just a property; it’s a chance to invest in a thriving Park Hill community and gain substantial returns from a well-positioned multi-family home. Don’t miss out on this exceptional opportunity at 48 Alder Street, where potential meets profitability in an ideal locale. CAN BE DELIVERED VACANT Additional Information: Amenities:Storage,ParkingFeatures:4+ Car Detached,

Additional Information

Taxes
$8,565
Lot Size
3,485
Interior Features
Eat-in Kitchen
Flooring
Hardwood
Heating
Radiant
Cooling System Type
Wall/Window Unit(s)
Sewer
Public Sewer
Water Source
Public
Basement
Walk-Out Access, Finished
Parking Spaces
6
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: Peter C. Persaud (peterpersaudrealtor@gmail.com) from Listing Office: HomeSmart Homes & Estates.

Listing courtesy of Peter C. Persaud from HomeSmart Homes & Estates

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.