17 Chestnut Street, Yonkers, NY 10701

Property Description

Exceptional Investment Opportunity – Fully Renovated 4-Family Corner Building in Yonkers Don't miss this rare chance to own a high-yield, income-producing property in a quiet corner of Yonkers. This well-maintained 4-family building features a unique and flexible layout: (1) One-Bedroom Apartment – $2,000/month (1) Three-Bedroom Apartment – $2,926/month (2) Four-Bedroom Apartments – $2,000 and $3,000/month Each unit includes 1 full bathroom Additional Income Streams: Storefront (currently used as storage): $850/month Two Large 3-Car Garages (used as warehouse): $500/month, $650/month Total: $11,926/month Financial Highlights: Total Gross Annual Income: $143,000 (current) Low Property Taxes: Only $15,633 for 2024 Utilities: Tenants pay for their own heat and gas, minimizing owner expenses Property Highlights: Fully renovated in 2018 Well-maintained throughout Strong rental income and high demand in the area Opportunities like this are hard to come by in today’s market—ideal for investors seeking reliable cash flow with minimal overhead.