My clients deserve my undivided loyalty and priority scheduling. Therefore, I exclusively serve buyers and sellers with whom I have a signed representation agreements.
108 Lake Avenue, Yonkers, NY
$ 999,000
Property Attributes
  • MLS#3497642
  • TypeMulti-Family
  • CityYonkers
  • Zip10703
  • StyleColonial
  • Year Built1920
  • Taxes$ 13000
  • Price$ 999,000
  • Bedrooms10
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3920
  • Lot Size3,920 SqFt
Data Source:
OneKey® MLS
Property Description

Nestled in the heart of Yonkers, this remarkable 3-family house presents an incredible investment opportunity for savvy buyers seeking a lucrative income property. Boasting a prime location across from the park, this residence offers a blend of comfort, convenience, and exceptional rental potential. With three distinct apartments, a two-car garage, finished basement, and separate gas and electric meters for each unit, this property promises an impressive return on investment. Key Features: Prime Location: Situated across from a picturesque park, this property offers not only scenic views but also easy access to recreational amenities and green spaces, enhancing its appeal to potential tenants. Three Thoughtfully Designed Apartments: The house is divided into three spacious apartments, featuring a 4-bedroom unit, another 4-bedroom unit, and a 2-bedroom unit. Each apartment is designed to maximize living space while ensuring a comfortable and functional layout. Ample Parking: A two-car garage provides convenient parking options for residents, offering protection from the elements and enhancing the overall value of the property. Finished Basement: The finished basement adds an additional layer of versatility to the property, creating opportunities for storage, a communal laundry area, or even a recreational space for residents. Independent Gas and Electric Meters: With separate gas and electric meters for each apartment, this property simplifies the management of utility expenses and allows for accurate billing, providing a seamless experience for both the landlord and tenants. Strong Rental Income: This meticulously maintained property has a history of generating impressive rental income. Its desirable location, well-designed apartments, and modern amenities contribute to its ability to attract and retain quality tenants. Well-Maintained: The property has been diligently cared for, reflecting the pride of ownership and ensuring that tenants will enjoy a comfortable living experience. Prospective buyers can acquire this property with confidence, knowing that it has been consistently kept in excellent condition. In summary, this 3-family house in Yonkers offers a rare combination of location, space, and rental income potential. With its prime park-side setting, well-designed apartments, ample parking, finished basement, and separate utility meters, it stands as a prime investment opportunity in a thriving rental market. Whether you're a seasoned investor or looking to enter the world of real estate, this property is a must-see for those seeking a stable and profitable venture. Don't miss out on the chance to own a piece of Yonkers' real estate gem. Schedule your viewing today.

Middle School High School
Yonkers Middle School Yonkers High School
Price History
8/13/2023 Listed $999,000


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 10703

AVG $950K
AVG $11,736
AVG 58
Data Provided by Inside Real Estate®
Year Built
AVG 1931
AVG 68
Data Provided by Walkscore® not using MLS data

Areas We Cover

Fair Housing Icon NY Fair Housing Notice