87 Colgate Avenue, Yonkers, NY, 10703 | $899,000

Welcome to this versatile two-family Dutch Colonial, ideally located on a quiet, tree-lined street in the Homecrest section of Yonkers. This home is perfect for investors or owner-occupants seeking additional rental income. Situated on a spacious, level corner lot, this two-story property features 2 generously sized apartments, a full attic with generous storage, and a large walk-out basement offering an additional 988 square feet. The basement includes a common laundry area, and direct access to a two-car attached garage, plus driveway parking for up to 4 additional vehicles. The home blends classic character with extensive modern upgrades, including original refinished oak hardwood floors, high ceilings, recently renovated eat-in kitchens, and updated bathrooms in both units. Custom French doors were recently installed on the first floor. Significant improvements include updated plumbing throughout, a new 200-amp electrical service with separate panels for the first floor and basement, and dedicated A/C circuits in every room. The property is fully wired with enterprise-grade internet and cable in each room, featuring WiFi access points in each unit. Ideal for today’s remote work and rental demands. Additional upgrades include whole-house water filtration, refurbished radiators with high-end Danfoss adjustable thermostat valves, separate hot water heaters for each floor, fully insulated attic with updated electrical, and a new roof and gutters installed in 2020. A new LG front-load washer and dryer is located in the common area. The property can be delivered vacant, offering flexibility for immediate occupancy or leasing. Full list of upgrades available upon request.

Features