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142 North Terrace Avenue

Mount Vernon NY 10550

10
5
3315 sq. ft.
Duplex
Currently for sale - view listing

Overview

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!!

Features

10 bedrooms
5 bathrooms
3315 sq. ft. lot size
Duplex

Happy sellers in Mount Vernon

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Local market activity for 10 bedroom duplexes in Mount Vernon

In the last 12 months, 1 numeral.10-bedroom duplex similar to 142 North Terrace Avenue, have been sold.

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