Description

SUMMARY: Studio home located at 160-164 Elm Avenue in Mount Vernon NY . This House in Mount Vernon NY is for sale for $1,700,000.

Two adjacent, TURN KEY properties being offered as a package deal. 7 apts, a 2 Fam & 5 Fam. All apts are fully rented and renovated! No COVID delinquencies. Huge upside potential with the 16 parking spots, not being charged for currently. Great rental area as Metro train station is 3 blocks away. Paid laundry room, shared by both properties. Two family has full 3rd floor for future apt, we will supply architectural drawings to be submitted! Both houses are renovated with new appliances. Many rents are undervalued on this 7 unit, free market investment. One garage rented to contractor , other 2 car garage, used by tenants. Many recent improvements, new roof, windows, gas conversion and sewer update. All windows energy efficient! Easy properties to manage! Don't let this cash cow opportunity pass you by! Take advantage of the super low loan rates being offered on investments! Add this deal to your retirement portfolio!



Ref: 36112-H6096604