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
Listing By
Agency Name: Link NY Realty
Agency Contact: 646-827-2256
Shown By
Agent Name: Aliyah Smith
Agent Phone: (917) 704-3988
Agency Title: Coldwell Banker American Homes
425 S 8th Avenue | MLS# 1002952
This commercial property located at 425 S 8th Avenue, Mount Vernon, NY 10550 is currently listed for sale with an asking price of $1,600,000. S 8th Avenue is located within the Mount Vernon school district. Search Mount Vernon real estate on aliyahsmith.cbamhomes.com today.