Active
21 Lake Avenue
Yonkers, 10703
$1,250,000
Active
7 Beds
4 Baths
Multi-family
Built in 1899
"LEGACY ON LAKE" - Welcome to 21 Lake Ave, an impressive and historic two-family property nestled in the heart of Yonkers, NY. This turnkey residence spans over 3,300 sq ft, featuring a total of 7 bedrooms and 4 full bathrooms across two spacious units. Built in 1899, the home combines old-world charm with modern convenience, making it an exceptional opportunity for first-time buyers and savvy investors alike. Whether you're looking to reside in one unit while generating rental income from the other or explore conversion possibilities, this versatile property is ready to meet your goals. Situated just minutes from the scenic Hudson River, the Metro-North train line, and a mere 20-minute drive to NYC, this property is perfectly positioned for those seeking suburban tranquility with easy access to urban amenities. The vibrant Yonkers community is rich with shopping, dining, and entertainment, adding to the appeal of this well-located investment. Currently arranged as a 2-family duplex, this property offers flexibility for owner-occupants or investors. The potential to convert into a 3-family home or revert to a spacious single-family residence adds incredible value. Originally built in 1899, this home boasts original features including exposed beams, high ceilings, stained glass accents, and multiple fireplaces. Impeccable hardwood floors run throughout, preserving the home's timeless appeal. First floor unit spans approximately 1,200 sq ft, and includes 2 bedrooms, 1 full bathroom, and an abundance of natural light from walls of windows. The bright and airy atmosphere is ideal for relaxation or entertaining. The expansive upper unit includes 3 bedrooms and 2 full bathrooms, providing ample space for comfortable living. Additionally, a fully finished attic offers even more possibilities, featuring 2 extra bedrooms, a living area, and another full bathroom-ideal for extended family or guest accommodations. Shared laundry facilities are conveniently located in the walk-out basement. A large driveway accommodates up to 5 cars, while the backyard offers a serene spot for gardening, outdoor dining, or weekend relaxation. Current rent rolls are substantially below market, offering excellent growth potential for investors looking to maximize returns. The property's picturesque front porch invites you to enjoy morning coffee or relax in the evening while watching the neighborhood come to life. Inside, a welcoming foyer sets an inviting tone for tenants or guests. With taxes under $14K and substantial room for rent growth, 21 Lake Ave represents a rare opportunity to own a historic yet modernized multi-family home in an in-demand area. Don't miss the chance to own a piece of Yonkers history with unparalleled versatility and potential. BuildingAreaSource: Public Records, FireplaceFeatures: Gas, LaundryFeatures: In Basement, ParkingFeatures: On Street,
H6335693
MLSⓇ ID
November 13, 2024
Listed
November 14, 2024
Updated
Map
21 Lake Avenue
Yonkers, 10703
Interior Features
Bedrooms
7
Total Bathrooms
4
Full Bathrooms
4
Interior Features
First Floor Bedroom, Cathedral Ceiling(s), Eat-in Kitchen, Entrance Foyer
Floor Description
Hardwood
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.16 Acres
Exterior Features
Balcony
Lot Features
Level
Architectual Style
Duplex, Colonial
Sewer
Public Sewer
School Information
School District
Yonkers
High School
Yonkers High School
Elementary School
Yonkers Early Childhood Academy
Other Property Details
Taxes
$13,951
Tax Frequency
Annually
Garage
No
Parking
Driveway, No Garage
Parking Total
4
View
No
County
Westchester
Municipality
Yonkers
Water Source
Public
Pool
No
Listed by Ryan Paige Adam J Blankfort with Corcoran Baer & McIntosh
Listing Contact: 845-358-9440
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Shaw Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 OneKey MLS. All rights reserved.
Data last updated 10:38 AM UTC, 11/14/2024