About 62 Vineyard Avenue
A/O- Contract has been sent out. Showing for back ups. Excellent investment opportunity for the savvy buyer or investor. Single Family Residence on a double lot, currently in use as a 3-family home with 3 separate and independent units. Live in 1 unit and allow the other two units to pay off your mortgage. Rent roll possibility is $62,000+ with all units rented and opportunity to increase rent with a projected cap rate of 8%+ The conversion process from a single family to a 3 family has already been started and is in place for the next owner to complete. Double lot offers potential opportunities for a developer. The property has an assumable FHA mortgage at a mind boggling 2.375% interest rate. Yes, that is not a typo! 2.375%. Call for additional details or to schedule a viewing.
Features of 62 Vineyard Avenue
| MLS® # | H6334054 |
|---|---|
| Price | $520,000 |
| Sold Price | $550,000 |
| Date Sold | May 7th, 2025 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,455 |
| Acres | 0.05 |
| Taxes | $6,671 |
| Year Built | 1890 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Colonial |
| Status | Closed |
Community Information
| Address | 62 Vineyard Avenue |
|---|---|
| City | Yonkers |
| County | Westchester County |
| State | NY |
| Zip Code | 10703 |
| Adult 55+ Community | No |
Amenities
| Utilities | Trash Collection Public |
|---|---|
| Parking | Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Gas Water Heater |
|---|---|
| Heating | Baseboard |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
School Information
| District | Yonkers |
|---|---|
| Elementary | Yonkers Early Childhood Academy |
| Middle | Yonkers Middle School |
Additional Information
| Date Listed | October 24th, 2024 |
|---|---|
| Days on Market | 50 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty |
|---|