REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,249,999
Est. payment | /mo
2,374 Sqft Lot
$ 1,249,999
Est. payment | /mo
2,374 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 887804
Rental Info No
Year Built 1908
Annual Tax Amount $18,613
Lot Size 2,374 Sqft
Acres 0.0545
Property Sub-Type Multi Family
Source onekey2
Property Description
INCREDIBLE BUY & HOLD OPPORTUNITY IN VAN NEST! This solid brick building offers 6 TOTAL UNITS that can generate additional income. Also includes an extra basement studio for additional space! Some units have been recently renovated with modern finishes, leaving only minor touch-ups needed to fully maximize rents.
The property is loaded with UPSIDE POTENTIAL: city has significantly increased the assessed value this year, reflecting the area's growing demand. While there are current violations, the owner is in the middle of a dismissal request to remove all of them — don't let that scare you away from serious CASH FLOW.
Ideally situated near Pelham Parkway, the Bronx Zoo, and multiple transit options, this is a perfect long-term hold in a rapidly appreciating neighborhood.
Secure this income-producing asset today and ride the wave of Bronx growth!
The property is loaded with UPSIDE POTENTIAL: city has significantly increased the assessed value this year, reflecting the area's growing demand. While there are current violations, the owner is in the middle of a dismissal request to remove all of them — don't let that scare you away from serious CASH FLOW.
Ideally situated near Pelham Parkway, the Bronx Zoo, and multiple transit options, this is a perfect long-term hold in a rapidly appreciating neighborhood.
Secure this income-producing asset today and ride the wave of Bronx growth!
Location
State NY
County Bronx County
Rooms
Basement Full, Partially Finished
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Natural Gas Available, Water Available
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 105 Sen Abraham Bernstein
Middle Schools Bronx Park Middle School
High Schools Bronx 11
School District Bronx 11
Others
Special Listing Condition None
Listed by Coldwell Banker American Homes