Homes for sale - 21 Lake AVE, Yonkers, NY 10703

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DEXTER PHILLIP

dexter.phillip@exprealty.com +1(917) 809-9210

$ 1,250,000

Est. payment | -/mo

7 Beds

4 Baths

6,969 Sqft Lot

Save

$ 1,250,000

Est. payment | -/mo

Save

7 Beds

4 Baths

6,969 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYH6335693

Style Colonial

Bedrooms 7

Full Baths 4

Originating Board onekey2

Rental Info No

Year Built 1899

Annual Tax Amount $13,951

Lot Size 6,969 Sqft

Acres 0.16

Property Description

"LEGACY ON LAKE" - Welcome to 21 Lake Ave, an impressive and historic two-family property nestled in the heart of Yonkers, NY. This turnkey residence spans over 3,300 sq ft, featuring a total of 7 bedrooms and 4 full bathrooms across two spacious units. Built in 1899, the home combines old-world charm with modern convenience, making it an exceptional opportunity for first-time buyers and savvy investors alike. Whether you're looking to reside in one unit while generating rental income from the other or explore conversion possibilities, this versatile property is ready to meet your goals. Situated just minutes from the scenic Hudson River, the Metro-North train line, and a mere 20-minute drive to NYC, this property is perfectly positioned for those seeking suburban tranquility with easy access to urban amenities. The vibrant Yonkers community is rich with shopping, dining, and entertainment, adding to the appeal of this well-located investment. Currently arranged as a 2-family duplex, this property offers flexibility for owner-occupants or investors. The potential to convert into a 3-family home or revert to a spacious single-family residence adds incredible value. Originally built in 1899, this home boasts original features including exposed beams, high ceilings, stained glass accents, and multiple fireplaces. Impeccable hardwood floors run throughout, preserving the home's timeless appeal. First floor unit spans approximately 1,200 sq ft, and includes 2 bedrooms, 1 full bathroom, and an abundance of natural light from walls of windows. The bright and airy atmosphere is ideal for relaxation or entertaining. The expansive upper unit includes 3 bedrooms and 2 full bathrooms, providing ample space for comfortable living. Additionally, a fully finished attic offers even more possibilities, featuring 2 extra bedrooms, a living area, and another full bathroom-ideal for extended family or guest accommodations. Shared laundry facilities are conveniently located in the walk-out basement. A large driveway accommodates up to 5 cars, while the backyard offers a serene spot for gardening, outdoor dining, or weekend relaxation. Current rent rolls are substantially below market, offering excellent growth potential for investors looking to maximize returns. The property’s picturesque front porch invites you to enjoy morning coffee or relax in the evening while watching the neighborhood come to life. Inside, a welcoming foyer sets an inviting tone for tenants or guests. With taxes under $14K and substantial room for rent growth, 21 Lake Ave represents a rare opportunity to own a historic yet modernized multi-family home in an in-demand area. Don’t miss the chance to own a piece of Yonkers history with unparalleled versatility and potential.

Location

State NY

County Westchester County

Rooms

Basement Full, Partially Finished, Walk-Out Access

Interior

Interior Features First Floor Bedroom, Cathedral Ceiling(s), Eat-in Kitchen, Entrance Foyer

Heating Natural Gas

Cooling Wall/Window Unit(s)

Flooring Hardwood

Fireplaces Number 2

Fireplaces Type Gas

Fireplace Yes

Laundry In Basement

Exterior

Exterior Feature Balcony

Parking Features Driveway, On Street

Utilities Available Cable Available, Trash Collection Public

Total Parking Spaces 4

Garage false

Building

Lot Description Near Public Transit, Near School, Level

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

Elementary Schools Yonkers Early Childhood Academy

Middle Schools Yonkers Middle School

High Schools Yonkers High School

School District Yonkers

Others

Senior Community No

Special Listing Condition None

Listed by Corcoran Baer & McIntosh

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+1(917) 809-9210

dexter.phillip@exprealty.com

104 West 40th Street 4th Floor, New York, NY, 10018, USA

21 Lake AVE Yonkers, NY 10703