Yonkers, NY 10701 42 Parsons Street

Under Contract as of 04/29/ 2025. Great Investment Opportunity or Owner-Occupied Living with Rental Income Potential in a desirable neighborhood of Yonkers! This well-maintained 3-family home offers incredible upside potential and is being delivered vacant. Perfect for an investor or owner-occupant looking to live in one unit and rent out the others for monthly income. The property features a finished basement with a separate entrance from Colin Street, 4 updated boilers, 4 gas meters, and 4 electric meters. • Unit 1: A 6-room unit, including a kitchen and full bath, with the potential to be converted into a 4-bedroom unit. Additional space to expand with a front porch that could increase room sizes. This unit is vacant. • Unit 2F: Cozy two rooms (one has a closet) with an eat-in kitchen and a full bath with a shower-over-tub. This unit still has a month-to-month tenant. • Unit 2R: Spacious 1-bedroom, which with some layout change, this unit could be transformed into a comfortable 2-bedroom unit with a full bath and shower stall. This unit is vacant.The basement has two entrances, one from inside hallway and one form the back of the property, it is finished with exposed stone walls on some walls and a full bathroom. Approximately 1060 SqFt usable area in the basement and the boiler room is about 120 sqft. Front Porch: Approximately 100 SqFt with a storage closet at the end of the porch.The property features a front and backyard, plus a storage shed. It may be possible to add off-street parking for one car in the backyard (please confirm with the Yonkers Building Department). All units are flooded with natural light from morning to afternoon. Additional Features: • Low annual taxes ($9,400) • Convenient location with easy access to amenities • All information provided is deemed accurate but must be verified • Showings by appointment only through Showing Time (24-hour notice required for Unit 2F), other units can be shown without any lead time. This is a rare opportunity to own a property with fantastic rental income potential or a spacious home with additional units for rental income. This property will be sold As-Is, however the condition is really good and everything is working well, no deferred maintenance. Don’t miss out—schedule your showing today! Listing agent may accompany otherwise call the listing agent for the pin number to the lockbox that is on the inner entrance door. Submit offers to max@maxkhomes.com.