44 Livingston AveYonkers, NY 10705

This exceptional investment opportunity presents a 14-unit vacant rooming house situated at 44 Livingston Ave, Yonkers, NY 10705. The property boasts a substantial 2,976 square feet on a 3,920 square foot lot, offering significant potential for value enhancement. Currently vacant, this Class C multifamily building presents a blank canvas for a savvy investor. With 13 individual rooms, the property offers ample space, and there's potential to further increase the room count by subdividing existing areas. The property's location is highly convenient, just one block from a bus station and five blocks from the Ludlow train station, ensuring easy access to public transportation. The asking price is $799,999, representing a compelling price per square foot of $268.82 and a strong 12% capitalization rate. The property is zoned "M," and the building is ready for immediate renovation and occupancy. This is a rare chance to acquire a well-located, high-yield multifamily property in a growing market. The property's size and location make it an ideal candidate for various investment strategies, from short-term rentals to long-term occupancy. Don't miss this chance to capitalize on this promising investment.