208 Tompkins Road, Yonkers, NY 10703
sale
$1,499,999
|
Other
Courtesy Of RE/MAX Distinguished Homes & Properties
208 Tompkins Road in Yonkers, NY is an exceptional 5-family income-producing investment property offering strong cash flow, a 7% cap rate, $114,600 in annual rental income, and $90,000 in net operating income. Set on an oversized double lot in Westchester County, this multi-family asset features five fully occupied units, private driveway parking, and long-term upside potential. The property includes two 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units, plus a renovated finished walk-out basement that adds flexible recreational or bonus space. Built in 1911 with approximately 4,896 square feet of building area, the property offers wood flooring, natural gas heat, public water and sewer, and separate electric and gas meters. Exterior highlights include a brick and stucco building, landscaped front and back yards, private outdoor space, and a convenient location near public transportation. With zero vacancies, in-place income, and a valuable double lot, 208 Tompkins Road presents a rare opportunity for investors seeking immediate returns, long-term appreciation, and a strong addition to their real estate portfolio.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Amenities: Security System
- Building Units: 5
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Brick
- Exterior Type: Stucco
- Floor Covering: Wood
- Heating System: Natural Gas
- MLSID: 1049883
- Rooms: Basement
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