1-4 Park Ln
Mount Vernon, NY 10552
Park Lane · Multifamily Property For Sale
·
10 Units
Executive Summary
Do you dream of owning rental apts, but are afraid of all the work required by a landlord? This is your chance! Ten Sponsor COOP apts! You collect the rent & just pay maint! You continue renting the apts, or sell, 1 by 1 & no board approval is required! 7 apts are FREE MARKET. The apt mix is 2 one beds, 2 two beds, 6 two beds, 2 baths. Some of the larger apts have FDR and Sunrooms! 9 apts. have working FPLs. Total shares in coop being sold 5,873. Ask price is $255 per share. Last 6 sales, avg selling Share Price was $404. Besides all the selling upside, you clear $70,000 per year profit! Don’t miss this special deal! Historic, 5 acre complex, that is pet friendly and close to transportation. Renting is never an issue, especially with NO COOP Board approval needed! You wont find any other care free investments like this, call today!
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Controlled Access
- Walking/Biking Trails
- Elevator
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | - |
