38 Lee Avenue, Yonkers, NY 10705

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Sold Price
$803,000
List Price
$749,000
Status
CLOSED
MLS#
1005602
Closing Date
Sep 11, 2026
Year Built
1924
Style
Colonial
Bedrooms
5
Bathrooms
2
Acres
0.07

Property Description

Incredible investment opportunity awaits in the high-demand rental market of Yonkers! Located on Lee Avenue, this classic 2-unit residential property is a prime addition to any real estate portfolio. Capitalize on the strong rental demand of Westchester County's largest city, offering excellent potential for steady cash flow and long-term equity growth. The property features a welcoming front porch, a second-floor balcony, a spacious driveway, and a detached garage providing highly coveted off-street parking. Inside, you will find generous layouts featuring hardwood flooring, separate dining spaces, and bright living areas. This multi-family asset also includes a full basement, offering substantial potential for storage, utility space, or future optimization. Being sold strictly as-is, this property presents a fantastic canvas for investors looking to renovate, add value, and maximize market-rate rents. Bring your vision and unlock the immense potential of this asset. Schedule your viewing today!

Additional Information

Taxes
$11,580
Lot Size
3,049
Interior Features
Eat-in Kitchen, Formal Dining, High Ceilings
Flooring
Carpet, Hardwood
Heating
Oil
Cooling System Type
Wall/Window Unit(s)
Sewer
Public Sewer
Water Source
Public
Basement
Unfinished
Garage Spaces
2
Elementary School
Yonkers (School Choice)
Middle School
Yonkers (School Choice)
High School
Yonkers (School Choice)

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Listing courtesy of Listing Agent: George Frangoulis (George.Frangoulis@raveis.com) from Listing Office: William Raveis Real Estate.

Listing courtesy of George Frangoulis from William Raveis Real Estate

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.