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For Sale

$995,000

272 days on market

66 W 2nd Street

Mount Vernon, NY 10550

· 8% down, 7% APR, 30yr fixed

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Beds

—

Baths

—

Square feet

1900

Built

Listing narrative

Description

This well-maintained 14-room and 2 Studios boarding house presents an excellent investment opportunity, offering strong rental potential and steady cash flow. The boarding house features sixteen private rooms, each generously sized and designed to accommodate one or two occupants. Common areas include a shared kitchen equipped with ample storage and cooking facilities, multiple shared bathrooms and restrooms to support tenant needs, and a comfortable communal living or dining area that encourages a friendly residential atmosphere. Located in a convenient area close to public transport, shops, schools, and local amenities, this boarding house is ideal for workers, or short- to medium-term residents. With consistent demand for affordable accommodation, this property represents a solid opportunity for investors or owner-operators seeking reliable income with potential for future growth. The property benefits from good natural light, proper ventilation, and durable finishes designed for low maintenance and long-term use.

Listing agent (MLS): Saleem Naber · Listing brokerage (MLS): ERA Insite Realty Services

Property Details

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Price

$995,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

1,307 sqft

Year

1900

Status

For Sale

Days on Market

272

· 8% down, 7% APR, 30yr fixed
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Courtesy of ERA Insite Realty Services