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$1,199,000
Est. payment /mo
8 Beds
5 Baths
1,768 Sqft Lot
UPDATED:
12/13/2024 09:47 PM
Key Details
Property Type Other Types
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY805460
Bedrooms 8
Full Baths 5
Originating Board onekey2
Rental Info No
Year Built 2005
Annual Tax Amount $6,561
Lot Size 1,768 Sqft
Acres 0.0406
Property Description
Modern 3-Family Brick Home in the Bronx Welcome to a rare gem in the bustling Bronx, NY—a modern 3-family brick home that promises both high rental income and remarkable future development potential. Built in 2005, this young property is located in a coveted R-7 zoning area, making it a prime opportunity for savvy investors and developers alike. This impressive property features three spacious apartments: two 3-bedroom units and one 2-bedroom unit, all with utilities paid by the tenants, maximizing your investment returns. The first floor is currently vacant, offering immediate occupancy for a new owner or additional rental income potential. The second-floor unit generates a substantial $3,050 per month, while the third-floor unit brings in $2,200 per month, ensuring a steady and high rental income stream. Located in the hot Bronx market, this property boasts annual taxes under $7,000, further enhancing its attractiveness as a profitable investment. The R-7 zoning classification adds significant value by providing excellent potential for future development, allowing investors to build up and expand in one of the most sought-after areas of New York City. Living in the Bronx means being part of a dynamic community with vibrant culture, numerous amenities, and unparalleled convenience. Legal 3-family homes are scarce in this area, making this property a true trophy investment. Whether you're an investor seeking immediate returns or a developer with an eye for future projects, this home is a perfect fit. Don't miss this exceptional opportunity to own a standout property in one of New York City's most dynamic real estate markets. Contact us today to schedule a viewing and seize this prime investment
Location
State NY
County Bronx County
Rooms
Basement None
Interior
Interior Features First Floor Bedroom
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Natural Gas Connected
Garage false
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
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Listed by Century 21 Galvez
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716