142 N Terrace Ave

Mount Vernon, NY 10550
  • $995,000

    Price
  • 10

    Bed
  • 5

    Bath
  • 0

    SqFt

About the Listing BAYVEW - 18843

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!!

Listing Highlights

Status Active
Days on Site 0
Property Type Multi-Family
MLS ® 952048
Year Built 1940
Total Square Footage 0
Lot/Acreage 0.08
School District Mount Vernon
Elementary School Hamilton

Interior Details

  • Bedrooms: 10
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Roof:
  • Others: Estimated,Renovated
  • Sewer: Public Sewer
  • Parking Features: Off Street

Financial Details

  • Tax Amount: $16,500
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0800-164-060-01074-000-0005
  • Tax Year: N/A

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Questions About..

142 N Terrace Ave Mount Vernon, NY 10550

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Originating MLS: onekey2

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