Description
Prime Investment Opportunity Projected 12.5 Cap Located at 22 Jones Place this legal triplex presents a fantastic opportunity for investors. The property features a combination of spacious 3- and 4-bedroom apartments, all with separate utilities to minimize landlord expenses. Tenants are currently on a month-to-month basis with below-market rents, offering immediate potential for increased cash flow. Situated in an up-and-coming neighborhood experiencing positive appreciation, this property is perfectly positioned for long-term growth. Whether you're looking to expand your portfolio or capitalize on Yonkers' rising market, this is an opportunity you won't want to miss.
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10BEDS
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0.05ACRES
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4BATHS
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01/2 BATHS
Description
Prime Investment Opportunity Projected 12.5 Cap Located at 22 Jones Place this legal triplex presents a fantastic opportunity for investors. The property features a combination of spacious 3- and 4-bedroom apartments, all with separate utilities to minimize landlord expenses. Tenants are currently on a month-to-month basis with below-market rents, offering immediate potential for increased cash flow. Situated in an up-and-coming neighborhood experiencing positive appreciation, this property is perfectly positioned for long-term growth. Whether you're looking to expand your portfolio or capitalize on Yonkers' rising market, this is an opportunity you won't want to miss.
© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Data last updated: 2025-05-24T00:19:11.38.