425 S 8th AVE, Mount Vernon, NY 10550
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$ 1,600,000
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$ 1,600,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1002952

Rental Info No

Year Built 1952

Annual Tax Amount $22,530

Property Sub-Type Multi Family

Source onekey2

Property Description

Excellent investment opportunity, this well maintained mixed use building features six one-bedroom residential units and a highly successful laundromat occupying the commercial space. Each apartment is separately metered, with tenants responsible for their own heat, hot water, gas and electricity, minimizing owner expenses. The laundromat is powered by four fuel cell machines, generating excess electricity that benefits the owner. Additionally, the building is outfitted with rooftop solar panels, producing ample energy the owner currently only pays a minimal delivery charge, as the property generates its own electricity. This is a rare, income-producing asset with low operating costs and strong upside potential. Don't miss out on this unique opportunity it won't last long

Location

State NY

County Westchester County

Rooms

Basement Full

Interior

Heating Baseboard, Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Cecil H Parker School

Middle Schools Benjamin Turner Middle School

High Schools Mount Vernon

School District Mount Vernon

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Link NY Realty • Michael J. Venuto
Dominick DiFilippo

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(914) 450-1185

hello@empireteam.com

625 US-6, Mahopac, NY, 10541-4794, USA

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425 S 8th AVE