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Single Family House for Sale in Bronx, New York, Bronx, NY 10453 | Web ID: 876454 | $1,200,000

 
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Property Description

Turn-key 2-family Investment Opportunity In University Heights – Fully Renovated & Cash-flowing Welcome To 62 Buchanan Place, A Beautifully Renovated 2-family Brick Home With R7b Zoning, Located In The Thriving University Heights Section Of The Bronx. This Is A Prime Opportunity For Both Investors And End-users Seeking Strong Rental Income And Future Development Potential. The Entire Property Has Been Fully Renovated From Top To Bottom, Featuring Modern Finishes, Updated Systems, And Thoughtful Layouts Throughout. Property Breakdown: First Floor: A Spacious 3-bedroom, 1-bath Apartment With An Open-concept Layout Currently Operated As A Daycare Business. Tenant Pays $3, 600 Cash, Not On A Lease, Offering Flexibility For New Ownership. Second Floor Duplex: A Sleek And Modern 4-bedroom, 1-bathroom Duplex Apartment Featuring Open-concept Living/dining Space And Contemporary Finishes. Section 8 Hpd Tenant In Place, Generating $3, 800/month. Ground Floor (basement): A Well-maintained 3-bedroom, 1-bathroom Unit Currently Occupied By A Cash-paying Tenant At $2, 600/month. With A Total Monthly Income Of $10, 000, This Property Is Not Only Fully Renovated But Also Fully Occupied, Making It An Ideal Turn-key Investment. Zoned R7b, It Also Holds Potential For Future Development Or Expansion. Located Close To Public Transportation, Schools, Parks, And Major Roadways, This Property Blends Immediate Cash Flow With Long-term Upside. Don’t Miss Out On This Rare Bronx Multi-family Gem—schedule Your Private Tour Today!

Property Information

Location/Town New York
Area/County Bronx
Post Office/Postal City Bronx
Prop. Type Single Family House for Sale
Style A-Frame
Tax $3,778.00
Bedrooms 10
Total Baths 3
Full Baths 3
Year Built 1901
Basement Finished, Full, Walk-Out Access
Construction Advanced Framing Technique, Vinyl Siding
Total Units 3
Lot SqFt 2,442
Cooling Central Air
Heat Source Baseboard
Util Incl See Remarks
Days On Market 3
Tax Assessed Value 36600
Units 3
Features First floor bedroom, first floor full bath, high ceilings, open floorplan
Listing information courtesy of: Keller Williams Realty Group

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  • 103-13 Queens Blvd., Forest Hills, NY 11375
  • Email: info@realtydepotny.com
  • Phone: 718-896-0777
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