20 aka 22 Crescent Place, Yonkers, NY 10704

Property Description

Turnkey, cash-flowing investment opportunity featuring a fully legal three-family residential building. Spanning 1,923 total square feet, this property offers three well-maintained, highly functional residential units along with a full basement for tenant storage or utility expansion. Key Features & Layout Unit Configuration: Three independent residential units, each configured as a 2-Bedroom, 1-Bathroom layout. Property Size: 1,923 gross square feet across the three levels. Basement: Full footprint basement, providing options for additional tenant storage, laundry installation, or landlord facilities. Zoning & Use: Fully legal three-family triplex. Financial & Occupancy Highlights Occupancy: 100% occupied with steady, reliable tenants in place. Rental Income: In-place rents range from $2,000 to $2,700 per month per unit, generating strong immediate cash flow. Lease Terms: All three units are secured under existing leases with at least 8 months remaining, ensuring guaranteed income continuity for the incoming buyer with no immediate vacancy risks. This property represents an exceptional hands-off asset for an investor seeking immediate ROI, stabilized long-term tenants, and upside potential in a strong rental market.