127-131 Highland Ave Avenue Yonkers, NY 10705
Single Family Attached
MLS #: 910780
Courtesy Of WINZONE REALTY INC.
Property InformationDescription
127 131 Highland Avenue Fully Renovated Free-Market 8-Unit with Bonus Land
This all-brick, turnkey property is a rare investment opportunity offering 7 apartments plus a retail store all fully renovated and stabilized with long-term tenants in place. Each unit features separate boilers and utilities, meaning tenants cover their own expenses while the landlord is only responsible for water.
Although the building presents as a single structure, it is legally configured as three separate properties (a two-family, a three-family, and a mixed-use two-family with store) each with its own deed and tax lot.
Adding further value, the sale includes a bonus parcel of land at 114 Stanley Avenue, currently used by tenants as a private outdoor space. This parcel offers future development potential or continued use as a yard.
With its solid brick construction, full renovations, and prime free-market status, 127 131 Highland Avenue offers both immediate cash flow and long-term upside in one of Yonkers most sought-after investment corridors.
This all-brick, turnkey property is a rare investment opportunity offering 7 apartments plus a retail store all fully renovated and stabilized with long-term tenants in place. Each unit features separate boilers and utilities, meaning tenants cover their own expenses while the landlord is only responsible for water.
Although the building presents as a single structure, it is legally configured as three separate properties (a two-family, a three-family, and a mixed-use two-family with store) each with its own deed and tax lot.
Adding further value, the sale includes a bonus parcel of land at 114 Stanley Avenue, currently used by tenants as a private outdoor space. This parcel offers future development potential or continued use as a yard.
With its solid brick construction, full renovations, and prime free-market status, 127 131 Highland Avenue offers both immediate cash flow and long-term upside in one of Yonkers most sought-after investment corridors.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 8
- Cooling System: Varies by Unit
- Exterior Type: Brick
- Heating System: Baseboard
- MLSID: 910780
MAP & DIRECTIONS
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