$1,200,000
 $6,442 est/mo Sourced by Back At You

62 Buchanan Place,Bronx, NY 10453

Bronx, NY 10453

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Description

Turn-Key 2-Family Investment Opportunity in University Heights - Fully Renovated & Cash-Flowing Welcome to 62 Buchanan Place, a beautifully renovated 2-family brick home with R7B zoning, located in the thriving University Heights section of the Bronx. This is a prime opportunity for both investors and end-users seeking strong rental income and future development potential. The entire property has been fully renovated from top to bottom, featuring modern finishes, updated systems, and thoughtful layouts throughout. Property Breakdown: First Floor: A spacious 3-bedroom, 1-bath apartment with an open-concept layout currently operated as a daycare business. Tenant pays $3,600 cash, not on a lease, offering flexibility for new ownership. Second Floor Duplex: A sleek and modern 4-bedroom, 1-bathroom duplex apartment featuring open-concept living/dining space and contemporary finishes. Section 8 HPD tenant in place, generating $3,800/month. Ground Floor (Basement): A well-maintained 3-bedroom, 1-bathroom unit currently occupied by a cash-paying tenant at $2,600/month. With a total monthly income of $10,000, this property is not only fully renovated but also fully occupied, making it an ideal turn-key investment. Zoned R7B, it also holds potential for future development or expansion. Located close to public transportation, schools, parks, and major roadways, this property blends immediate cash flow with long-term upside. Don’t miss out on this rare Bronx multi-family gemschedule your private tour today!

Details

MLS #876454
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1901
Days On Site151
Listing Provided ByKeller Williams Realty Group | Jampa Nyandak

Features

Bed(s)10
Bath(s) 4 Total
SQ Feet3,000
BasementY
Units3
Acreage0.06

Interior

CoolingCentral Air
HeatingBaseboard
Interior FeaturesFirst Floor Bedroom, First Floor Full Bath, High Ceilings, Open Floorplan

Exterior

Construction MaterialsAdvanced Framing Technique, Vinyl Siding

Parking

Garage Yes / NoNo

Utilities

UtilitiesSee Remarks
SewerPublic Sewer

Taxes

Tax Year2024
Tax Assessed Value36600
Tax Annual Amount3778

Area Information

StateNY
CountyBronx County
CityBronx
Zip Code10453
Sourced by Back At You

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Learn More About This Property

StateNY
CountyBronx County
CityBronx
Zip Code10453
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $900K - $1.5M
sqft: 2,000 - 3,500
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6 Cameron Place Property Photo 1
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Bronx, NY 10453
Listing Updated: November 5, 2025 at 1:02:25 PM PST