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31 Belknap Avenue
$199,000

31 Belknap Avenue

2 Beds 2 Baths 536 Sq.Ft.

Description

Opportunity Knocks in Yonkers! Welcome to 31 Belnap Avenue, a rare chance to purchase a property with enormous potential in one of Westchester's most convenient locations. This two-bedroom home sits on a buildable lot and is being sold as-is, requiring a full gut renovation or total rebuild--perfect for contractors, investors, or buyers using a 203(k) renovation loan. Why wait years for approvals and construction on raw land? This existing structure gives you a major head start. With permits and city approvals, the home can be expanded or rebuilt into a modern masterpiece. Depending on the scope of work and finishes, post-renovation values range between $600,000 and $750,000. Located just minutes from New York City, major highways, shopping, and public transit, this is an ideal project for anyone looking to add value and capitalize on the strong Yonkers market. Key Features: Existing structure: previously a 2-bedroom home Full rebuild or major renovation required Excellent for 203(k) loan buyers or seasoned renovators Conveniently located near shops, schools, and transportation Strong after-repair value potential Bring your vision and tools--or your architect and contractor--and turn this diamond in the rough into a dream home or profitable investment!

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Location

31 Belknap Avenue, Yonkers, NY 10710

Status

For Sale
Duwayne Shaw

Duwayne Shaw

TITLE

Broker, Owner

Property Amenities

Interior
Appliances None
Total Bedrooms: 2
Half Bathrooms: 1
Full Bathrooms: 1
Other Interior Features Other
Area & Lot
Lot Area 3,049 Sq.Ft.
Living area 536 Sq.Ft.
MLS® ID 878754
Year Built 1920
School District Yonkers
High School Yonkers High School
Middle School Yonkers Middle School
Elementary School Yonkers
Architecture Styles Colonial
Type Residential
Status For Sale
Exterior
Air conditioning Attic Fan
Heat type Baseboard, Other
Water Source Public
Sewer Public Sewer
Utilities Electricity Available
Finance
Sales Price $199,000
Real Estate Tax $1,207 yearly
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