655 S 3rd

    Mount Vernon, NY 10550
    • $849,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: H6023556
    UPDATED: 14 min ago
    $849,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,679
      SQFT
    • $231
      $/SQFT
    Type:
    Commercial
    Built:
    1954
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Value-add opportunity in Mount Vernon, NY, turn a 6% to an 8% cap in a year! The subject property is a two and a half story, 5 unit building on the corner of South 3rd Avenue and Warren Place. This 3,679 square foot all brick building consists of two commercial units and three residential units, one 1 bedroom unit, one 2 bedroom unit and one 3 bedroom unit, all of which are completely free market. The 3 bedroom unit is currently broken up into two separate units, one 1 bedroom and one 2 bedroom. The one bedroom unit is currently occupied, while the 2 bedroom unit is vacant. The c/o on file shows the property as a legal 3 unit with a store and garage. The residential units are rented below market rate giving a savvy investor the ability to increase the rent roll. The commercial units are occupied by a deli and a shop in the garage.

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    © 2020 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mark Boyland Real Estate Team | Keller Williams Realty Partners. Data last updated: 2020-04-07T12:18:16.043.
    www.westchesterhomesnow.com/homes/103979632

    655 S 3rd Mount Vernon, NY 10550

    • Price: $849,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: H6023556
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,679
    SQFT
    $231
    $/SQFT
    1954
    Built
    County:
    Westchester
    Area:
    Mount Vernon
    School District:
    Mount Vernon
    Property Description
    Value-add opportunity in Mount Vernon, NY, turn a 6% to an 8% cap in a year! The subject property is a two and a half story, 5 unit building on the corner of South 3rd Avenue and Warren Place. This 3,679 square foot all brick building consists of two commercial units and three residential units, one 1 bedroom unit, one 2 bedroom unit and one 3 bedroom unit, all of which are completely free market. The 3 bedroom unit is currently broken up into two separate units, one 1 bedroom and one 2 bedroom. The one bedroom unit is currently occupied, while the 2 bedroom unit is vacant. The c/o on file shows the property as a legal 3 unit with a store and garage. The residential units are rented below market rate giving a savvy investor the ability to increase the rent roll. The commercial units are occupied by a deli and a shop in the garage.
    Exterior Features

    Construction Materials Brick Loading Dock YN No

    Interior Features

    Cooling Window Unit(S) Cooling YN Yes

    Property Features

    Operating Expense 37161.00 Property Sub Type Mixed Use Property Type Commercial Sale Zoning Description Cb

    Listing courtesy of Valjdet Dzaferovic of Exit Realty Private Client.
    © 2020 OneKey MLS. All rights reserved.


    © 2020 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mark Boyland Real Estate Team | Keller Williams Realty Partners. Data last updated: 2020-04-07T12:18:16.043.
     
    Mark Boyland Real Estate Team | Keller Williams Realty Partners
    Serving Your Real Estate Needs
    Westchester County NY,