Zoned R8, can be delivered vacant! Currently a fully occupied three family investment opportunity in the heart of Fordham Heights, offering immediate cash flow in a prime Bronx location just one block from the 182nd Street Grand Concourse subway station. This well maintained and recently fully renovated property features three spacious two bedroom, one bathroom apartments, each currently rented at $2,762 per month. All units are occupied with tenants in place, providing consistent income from day one. Tenants are responsible for all utilities, contributing to low operating expenses and strong overall performance. The property also includes a full basement with utility access, offering additional functional space and flexibility. Annual expenses remain low, with taxes at $4,087, water at $2,000, and common electric at $900, further enhancing the investment appeal. With a 7.4% cap rate, this is an ideal opportunity for investors seeking a stabilized, income producing asset in a high demand rental market. A turnkey investment in a highly accessible and desirable Bronx location.
2,232 Sq Ft
2,207 Sq Ft Partistørrelse
investering
341 USD Månedlig skatt
Bygget i 1901
MLS/Oppførings-ID 976499
3 Enheter
Public Sewer
Parking - On Street
Åpen planløsning
Public Water
Lagring
Heating - Natural Gas
Cooling - Wall/window unit(s)
Construction - Brick
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