About This Home
This 0-bedroom, 0-bathroom commercial at 425 S 8th Avenue in Mount Vernon, NY is listed for $1,600,000. Built in 1952, on a N/A lot.
Key Features
- Built in 1952
Property Details
Amenities
Excellent investment opportunity, this well maintained mixed use building features six one-bedroom residential units and a highly successful laundromat occupying the commercial space. Each apartment is separately metered, with tenants responsible for their own heat, hot water, gas and electricity, minimizing owner expenses.
The laundromat is powered by four fuel cell machines, generating excess electricity that benefits the owner. Additionally, the building is outfitted with rooftop solar panels, producing ample energy the owner currently only pays a minimal delivery charge, as the property generates its own electricity. This is a rare, income-producing asset with low operating costs and strong upside potential. Don't miss out on this unique opportunity it won't last long
Monthly Cost Estimate
$8,557/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
425 S 8th Avenue
Mount Vernon, NY 10550
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 425 S 8th Avenue is listed at $1,600,000. The estimated monthly payment is $8,557 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1952.
This property is listed by Michael J. Venuto and can be reached at 3475846993.
