87 Colgate Avenue, Yonkers, NY 10703

Property Description

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.