Description
Prime Income-Producing 3-Family Investment Opportunity in a desirable residential section of the Northeast Bronx. This well-maintained asset features two oversized 3-bedroom, 2-bath apartments, each offering approximately 1,300 square feet of living space, plus a 1-bedroom, 1-bath unit, creating an attractive and diversified rental mix.The property is fully tenant-controlled with separate utilities, including three boilers and three hot water tanks, significantly reducing owner expenses and maximizing net operating income. Two units are occupied by long-term, stable tenants who wish to remain, while the third unit is lease-protected, providing immediate and predictable cash flow.Additional value is enhanced by a 1-car garage and rear yard access through the garage, offering functional amenities and access to the backyard.Located in a strong residential neighborhood with convenient access to public transportation, major highways, shopping, and entertainment, this property benefits from consistent rental demand and long-term appreciation potential.Ideal for investors seeking strong in-place income with upside potential and owner occupants for steady cash flow, in one of the Bronx’s established multifamily markets.
Details
| MLS # | 951093 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2001 |
| Days On Site | 229 |
| Listing Provided By | EXIT Realty Private Client | Lynette J. Thomas |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,775 |
| Garage | 1 |
| Units | 3 |
| Acreage | 0.07 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard |
| Interior Features | Open Floorplan, Primary Bathroom |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Garage |
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 56100 |
| Tax Annual Amount | 9326.08 |
Area Information
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10467 |
| Listing VS Median (in 10467) | |
Price: $999,000 low | high Med: $280,000 sqft: 3,775 low | high Med: 682 $ / sqft: $265 low | high Med: $411 On site: 229 low | high Med: 59 | |
Market Activity 10467
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Learn More About This Property
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10467 |
| Listing VS Median (in 10467) | |
Price: $999,000 low | high Med: $280,000 sqft: 3,775 low | high Med: 682 $ / sqft: $265 low | high Med: $411 On site: 229 low | high Med: 59 | |
