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View of property with a fenced front yard and stairs

View of building exterior featuring a fenced front yard

Living area featuring light wood-type flooring and baseboards

Office space with light wood-type flooring

Bathroom with wood finished floors

Kitchen featuring appliances with stainless steel finishes, ceiling fan, light wood finished floors, light countertops, and recessed lighting

Kitchen with appliances with stainless steel finishes, gray cabinets, recessed lighting, and light wood-style floors

Kitchen with appliances with stainless steel finishes, gray cabinets, a peninsula, a ceiling fan, and recessed lighting

Full bathroom featuring vanity, a stall shower, and tile walls

Utility room with tankless water heater and water heater

Bathroom featuring baseboard heating, tile walls, vanity, a shower, and recessed lighting

Bathroom featuring baseboard heating, tile walls, vanity, a shower, and recessed lighting

Kitchen with appliances with stainless steel finishes, light countertops, white cabinetry, and recessed lighting

Bedroom featuring light wood-type flooring and cooling unit

Bathroom featuring a stall shower and vanity

View of fenced backyard

Back of house featuring a patio area, entry steps, and cooling unit

Drone / aerial view

View of subject property

View of urban area

City view

City view

City view

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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!

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Interior

Exterior

Parking

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MLS Number: 876454

Listing Provided By: Jampa Nyandak – (914) 713-3270 – jampa@kw.com

Keller Williams Realty Group – (914) 713-3270 – jamal@kw.com