Yonkers, NY 10701 5 Mulberry Street

This spacious 3 family with long term tenants is currently leased month to month with below market rents. There is tremendous upside for a savy investor. There are many upgrades including a new boiler and hot water tank in 2020 and new roof in 2019. This home is centrally located on a great block with new housing construction bringing value. All leases are expired which can give this property a very high potential income, especially because each unit has very large square footage. This investment is a good choice for a buyer who wants to live in one unit while enjoying the beautiful level and fenced yard and collecting additional income from the other large units to help with their expenses. The location is definitely attractive to homeowners and tenants for the proximity to all public transportation, major highways and all the amenities and attractions that City of Yonkers offers. Very motivated sellers, please submit your offer with proof of funds or pre approval letter. Be part of Yonkers' renaissance!