142 N Terrace AVE, Mount Vernon, NY 10550
142 N Terrace AVE, Mount Vernon, NY 10550
142 N Terrace AVE, Mount Vernon, NY 10550
38
See all 38 photos
$1,095,000
Est. payment /mo
Save
10 Beds
5 Baths
3,314 Sqft Lot
Active

142 N Terrace AVE Mount Vernon, NY 10550

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jose Agudo

Jose Agudo

+1(917) 674-8131

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 952048

Bedrooms 10

Full Baths 5

Rental Info No

Year Built 1940

Annual Tax Amount $16,500

Lot Size 3,314 Sqft

Acres 0.0761

Property Sub-Type Triplex

Source onekey2

Property Description

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. Units consist of the following: 4 bedroom 2 bath ( $2929 Monthly Rent) 3 bedroom 1 bath ( Currently Vacant) , 2 bedroom 1 bath ($2537 Rent) , 1 bedroom 1 bath ( $1830 rent) .
Currently the 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!! Selling at approximately 8.5 % Cap rate. All program rents increase at approximately 3.5 % per year so cash flow will grow each year.

Location

State NY

County Westchester County

Rooms

Basement None

Interior

Interior Features Other

Heating Baseboard, Natural Gas, Other

Cooling None

Fireplace No

Exterior

Parking Features Off Street

Utilities Available Natural Gas Connected, Trash Collection Public

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Hamilton

High Schools Mount Vernon

School District Mount Vernon

Others

Senior Community No

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Bayview Realty • Daniel Feder

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Jose Agudo

Jose Agudo

Agent

+1(917) 674-8131

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from City Homes Realty Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

142 N Terrace AVE

Find Your Place in New York
Homes available in the neighborhoods you love.
There are 17 quick searches