Exceptional Investment Opportunity in the Bronxville AreaOriginally built as a historic schoolhouse, this unique 14-unit building(+ one super unit) was completely renovated in 2013, offering modern comfort while retaining timeless character. The property features a mix of 1 and 2 bedroom apartments, all newly constructed during the full redevelopment. Additional income can be obtained through apartment rental in lower level, as well as parking and laundry. Rental income can be increased through lease increase in 45 days of approximately 2,800 a month. Residents enjoy on-site laundry facilities and unbeatable convenience-just steps to the bus and a short walk to the charming Chester Heights neighborhood. Ideally located near all major highways and only 1.5 miles from the train, this property provides excellent commuter access.A standout asset in a prime location, perfect for investors seeking a fully updated, low-maintenance building with strong rental appeal.
Listing By
Agency Name: ERA Insite Realty Services
Agency Contact: 914-949-9600
Shown By
Agency Title: Four Seasons Real Estate Center
Agency Phone:
3 Sherman Avenue | MLS# 940112
This commercial property located at 3 Sherman Avenue, Mount Vernon, NY 10552 is currently listed for sale with an asking price of $3,999,000. Search Mount Vernon real estate on www.fsrec.com today.