253 E 206th St

10-Unit Multifamily – Norwood, Bronx | Owner Financing – Just 15% Down | Below-Market Rents – High Upside

Outstanding investment opportunity in the heart of Norwood, Bronx — this 10-unit multifamily building is just 1 block from the D train and steps from shopping, restaurants, hospitals, and major attractions like the Bronx Zoo and New York Botanical Garden.

Owner Financing Available – Just 15% Down!

Finance up to 85% of the purchase price

5.75% fixed interest rate

Skip the banks – flexible seller-backed terms

Property Highlights:

10 residential units with strong rental demand

Rents are well below market – unlock major income potential

Prime Bronx location near transit, Montefiore Medical Center, and commercial corridors

Quiet, residential block in a rapidly appreciating neighborhood

Perfect for value-add investors, 1031 exchanges, or long-term hold strategies

This is a rare chance to acquire a cash-flowing, value-add property with minimal capital upfront and favorable financing terms. Financials and rent roll available upon request.