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Pending
  • $849,000

    48 Alder Street, Yonkers, NY 10701

    6beds
    2,694sqft
    MultiFamily
    Built in 1924
    -- sqft lot
    $-- Zestimate®
    $315/sqft
    $-- HOA

    What's special

    Finished basementGas furnaceEfficient heating
    Don't miss your chance to make this delightful Yonkers residence your own – schedule a showing today and experience the charm and convenience of 48 Alder Street! "Discover the perfect investment opportunity in the heart of Yonkers with this spacious multi-family home located at 48 Alder St. This property features two units, each offering 3 bedrooms and 1 bathroom, ideal for maximizing rental potential. The interior spans a generous total of 2,694 sqft, providing ample space for comfortable living. First floor unit recently remodeled.  Financially appealing, this property includes a finished basement that boasts additional rental income $700 a month for storage with 2 rooms.Conveniently enhance your investment with extra earnings from 4 parking garages at $200 each and a boat parking at $250 a month. Total monthly income $6650. A true multi family investment money tree generating close to $80k a year in income. Built to last, the residence is equipped with a gas furnace that's only two years old, ensuring efficient heating and reduced maintenance concerns. The practical layout and sturdy construction of this home promise a low-maintenance, high-yield investment. Location is key, and this property does not disappoint. It’s conveniently nestled near essential amenities and transportation links. Yonkers Middle High School lies within a short distance, making it an attractive option for families. Access to the Metro-North Station at Yonkers is just over a mile away, providing easy commutes to Manhattan. Daily necessities can be met at the nearby Food town of Linden St., and for leisure, Tibbetts Brook Park offers lush greenery and outdoor activities close to home. This is more than just a property; it’s a chance to invest in a thriving Park Hill community and gain substantial returns from a well-positioned multi-family home. Don’t miss out on this exceptional opportunity at 48 Alder Street, where potential meets profitability in an ideal locale. CAN BE DELIVERED VACANT Additional Information: Amenities:Storage,ParkingFeatures:4+ Car Detached,
    10 days
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    Zillow last checked: 7 hours ago

    Listing updated: April 15, 2025 at 07:57am

    Listing by:

    HomeSmart Homes & Estates 914-236-5500,

    Peter C. Persaud 914-620-7155

    Source: OneKey® MLS,MLS#: H6311834MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Radiant
    Cooling
    • Wall/Window Unit(s)
    Features
    • Eat-in Kitchen
    • Flooring: Hardwood
    • Basement: Walk-Out Access,Finished
    • Attic: None
    Interior area
    • Total structure area: 2,694
    • Total interior livable area: 2,694 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Detached
    Features
    • Levels: Two
    • Patio & porch: Deck
    Lot
    • Size: 3,485 Square Feet
    • Features: Near Public Transit, Near School, Near Shops, Corner Lot
    Details
    • Parcel number: 1800001000004320000007

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Brick, Stucco
    Condition
    • Actual
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Gas: Separate Gas Meters: 3
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Trash Collection Public

    Community & HOA

    Community
    • Subdivision: Park Hill
    HOA
    • Has HOA: No
    • Amenities included: Park
    Location
    • Region: Yonkers

    Financial & listing details

    • Price per square foot: $315/sqft
    • Tax assessed value: $8,000
    • Annual tax amount: $8,565
    • Date on market: 6/8/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash
    • Tenant pays: Electricity
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