421 S Columbus – Prime Multi-Family Investment Opportunity
Discover this high-income producing 3-unit property in a desirable location. Featuring two spacious 3-bedroom apartment and one well-maintained 2-bedroom apartments, this building is ideal for both investors and owner-occupants looking for strong rental returns.
Each unit is separately metered with its own electric water heater, ensuring lower operating costs and ease of management. The property generates consistent, reliable income, with excellent upside potential.
Highlights:
• 3 total units: (2) 3BR, (1) 2BR
• Strong rental income with room to grow
• Separate water and gas boilers for each unit
• Low-maintenance, investor-friendly setup
• Great location with strong tenant demand
This is a turnkey opportunity to own a profitable multi-family in a growing area.
421 S Columbus Avenue, Mount Vernon, NY, 10553
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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