54 Herriot ST Yonkers, NY 10701
6 Beds
3 Baths
1,912 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1030522
Style Row Dwelling
Bedrooms 6
Full Baths 3
Rental Info No
Year Built 1909
Annual Tax Amount $6,837
Lot Size 1,912 Sqft
Acres 0.0439
Property Sub-Type Triplex
Source onekey2
Property Description
Conveniently located near public transportation, restaurants, shopping, parks, and the Yonkers waterfront.
The first-floor apartment offers direct access to the backyard, while the full unfinished basement provides excellent potential for additional storage, laundry facilities, or other value-added improvements.
Endless Possibilities. Whether you're looking to build wealth through real estate or create a flexible living arrangement, this property offers numerous options: Live in one apartment while renting the other units to substantially offset your monthly mortgage payment. Multigenerational Living: while maintaining privacy with separate units. Investment Partnership: Purchase with friends or family to build equity and use as a stepping stone toward future investments or a dream home. Pure Investment: Lease all three units to maximize rental income and long-term appreciation.
Commuter's Dream. Enjoy exceptional access to New York City via Metro-North Railroad. Yonkers Station is approximately a half-mile away and offers express service to Grand Central Terminal in approximately 30 minutes. Ludlow Station is also conveniently located nearby.
Owner-occupant financial advantages: Potential eligibility for low down payment financing, including FHA loans, when used as a primary residence. Rental income from the additional units can significantly offset monthly housing costs. Potential tax advantages related to the rental portion of the property. Living on-site can simplify property management and tenant oversight.
Investor advantages: Income-producing asset. Opportunity to maximize cash flow through three rental units. Potential eligibility for Debt Service Coverage Ratio (DSCR) financing, which qualifies the loan on rental income rather than personal employment income, Possible tax deductions associated with operating expenses and depreciation.
Whether you're an experienced investor or purchasing your first multifamily property, this presents a unique opportunity to generate income, build equity, and own a fully renovated property. Don't miss the opportunity to invest in your future. SOLD AS IS
Location
State NY
County Westchester County
Rooms
Basement Full, Unfinished, Walk-Out Access
Interior
Interior Features Granite Counters
Heating Baseboard
Cooling None
Flooring Hardwood, Other
Fireplace No
Exterior
Parking Features On Street
Fence Back Yard, Chain Link, Front Yard, Wood
Utilities Available Electricity Available, Natural Gas Available
View Neighborhood
Garage false
Building
Lot Description Back Yard, Front Yard, Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Schools
Elementary Schools Yonkers (School Choice)
Middle Schools Yonkers (School Choice)
High Schools Yonkers
School District Yonkers
Others
Senior Community No
Special Listing Condition None
Nearby Locations
Broker Associate | License ID: 10301222016
+1(929) 542-7967 | marithza@marithzarealestate.net