(Undisclosed Address), Yonkers, NY 10703

Massive 3-Family Brick Money-Maker + Bonus Income!

Turnkey | Cash-Flowing | High-ROI Opportunity

Welcome to this oversized 3-family gem sitting proudly on a spacious lot and packed with income-generating potential!

This solid-brick home features:

• Full semi-finished basement with soaring ceilings

• Oversized windows

• Full bath

• Private entrance/exit (ideal for future conversion or additional rental income)

Rental Breakdown & Income Potential

Unit 1 (Owner's Unit):

• 4BR / 2BA

• Spacious layout

• Projected FMV: $4,111/mo

Unit 2A & 2B:

• (Two) 2BR / 1BA apartments

• Current FMV: $3,058/mo each

👉 Gross Potential (Units Only):
$10,227/mo – $122,724/year

Additional Income Sources

• Rented workshop

• Three rented storage units

• Driveway parking for 3–4 cars (also rentable!)

Tenant Setup & Expenses

• Each unit has its own boiler (tenants pay all utilities: electric, gas, heat, hot water)

Owner’s only expenses:

• Taxes: $13,500/year

• Hallway electric: $240/year

• Insurance: $3,500/year

• Total expenses: $17,240/year

Current Rent Roll

• 4BR Unit: $3,000/mo

• 2BR Units: $2,250/mo each

Gross: $94,200/year (with under-market rents!)
Net: $79,960/year → 7% CAP rate

With modest rent increases to market value:

• Net: $109,384/year

• CAP Rate: ~10%

Options Galore

• Live in one unit, rent the rest

• Hold for long-term cash flow

• Raise rents for upside

• Delivered vacant or occupied — your choice

Perfect For

• Investors

• House hackers

• 1031 buyers

• Anyone looking for strong cash flow + long-term upside in a high-demand rental market