$930,000
$1,500,000
38.0%For more information regarding the value of a property, please contact us for a free consultation.
1-2-3-4 Park LN #10 APTS Mount Vernon, NY 10552
Key Details
Sold Price $930,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Park Lane
MLS Listing ID H6096497
Sold Date 08/17/21
Originating Board onekey
Year Built 1928
Property Description
Do you dream of owning rental apts, but are afraid of all the work required by a landlord? This is your chance! 8 Sponsor COOP apts! You collect the rent & just pay maint! You continue renting the apts, or sell, 1 by 1 & no board approval is required! 7 apts are FREE MARKET. The apt mix is 2 one beds, 2 two beds, 6 two beds, 2 baths. Some of the larger apts have FDR and Sunrooms! 9 apts. have working FPLs. Total shares in coop being sold 5,873. Ask price is $255 per share. Last 6 sales, avg selling Share Price was $404. Besides all the selling upside, you clear $70,000 per year profit! Don't miss this special deal! Historic, 5 acre complex, that is pet friendly and close to transportation. Renting is never an issue, especially with NO COOP Board approval needed! You wont find any other care free investments like this, call today!
Location
State NY
County Westchester
Zoning Apts
Interior
Heating Oil, Hot Water
Cooling Window Unit(s)
Fireplace N
Appliance Oven, Refrigerator
Building
Sewer Public Sewer
Water Public
Structure Type Other
Schools
School District Mount Vernon
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Bought with Houlihan Lawrence Inc.