BEDS5
BATHS2 full
MLS#940929
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SCHOOLYonkers
Property Description
Prime value opportunity in North Yonkers on desirable Palisade Avenue. This Victorian-style two-family home offers strong upside for investors, contractors, or end users seeking rental income and long-term appreciation. The first-floor unit features three bedrooms, the second-floor unit offers two bedrooms, and the walk-up attic includes four additional rooms-ideal for future expansion, home office space, or added value (subject to approvals).The property requires renovation but the key mechanical updates are already in place. The boiler was installed in 2018 and a hot water heater less than one year old-helping reduce immediate capital expenses. Additional highlights include a detached one-car garage and a highly convenient location on a bus route with close proximity to shopping, dining, and everyday necessities.Perfect for investors seeking a rehab project with strong rental upside in a high-demand commuter area.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: None
Garage: 1
Heating: Hot Water
Home Style: Victorian
Lot Size: 0.12 Acres
Taxes: $11,580
Year Built: 1898
Amenities
First Floor Bedroom
First Floor Full Bath
Pantry
Storage
Feature Descriptions
Attic: Full
Building Area Total: 3022
Days on Site: 117
Exterior: Aluminum Siding
GarageY/N: Yes
Heating Units: 1
Heating Zones: 1
Included In Taxes: Sewer, Trash
On Market Date: 2025-12-05
Parcel Number: 3.-3030-3
Parking Features: Detached, Driveway
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 2
Separate Gas Meters: 2
Sewer: Public Sewer
Units: 2
Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected
Water: Public
Local Schools
High School: Yonkers
Middle School: Yonkers
Elementary School: Yonkers
School District: Yonkers
Listed By / Shown By
Listing By
Agency Name: Howard Hanna Rand Realty
Agency Contact: 914-723-8700
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 2,601.20 per month $1,446.62 Principal & Interest $965.00 Property Tax $189.58 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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720 Palisade Avenue | MLS# 940929
This multi-family property located at 720 Palisade Avenue, Yonkers, NY 10703 is currently listed for sale with an asking price of $650,000. Palisade Avenue is located within the Yonkers school district. Search Yonkers real estate on www.coldwellbankerchoice.com today.