66 W 2nd St - Dormitory FOR SALE


Mount Vernon, NY 10550- South Side
$1,333,000 USD
914-949-9600
66 W 2nd St, Mount Vernon, NY for Sale
$1,333,000 USD
Dormitory - FOR SALE
1/5
null | Request Cap Rate

66 W 2nd St
Mount Vernon, NY 10550
South Side


HIGHLIGHTS

  • Steady cash flow
  • Affordable accommodation
  • Boarding house

OVERVIEW

This well-maintained 14-room and 2 Studios boarding house presents an excellent investment opportunity, offering strong rental potential and steady cash flow. The boarding house features sixteen private rooms, each generously sized and designed to accommodate one or two occupants. Common areas include a shared kitchen equipped with ample storage and cooking facilities, multiple shared bathrooms and restrooms to support tenant needs, and a comfortable communal living or dining area that encourages a friendly residential atmosphere. Located in a convenient area close to public transport, shops, schools, and local amenities, this boarding house is ideal for workers, or short- to medium-term residents. With consistent demand for affordable accommodation, this property represents a solid opportunity for investors or owner-operators seeking reliable income with potential for future growth. The property benefits from good natural light, proper ventilation, and durable finishes designed for low maintenance and long-term use.

FOR SALE DETAILS

PRICE

$1,333,000 USD

PRICE/SF

$235 USD /SF

# OF UNITS

16

PRICE/UNIT

$83,313

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

0800-165-078-03066-000-0001

ASK ABOUT THIS PROPERTY

Lou BudettiERA Insite Realty ServicesMore Info
914-949-9600

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Lou BudettiERA Insite Realty ServicesMore Info
914-949-9600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.