Presenting A Meticulously Renovated, Legal 2-family Residence Situated At 506 E 183rd Street In The Rapidly Evolving South Bronx. Engineered For Contemporary Living, Modern Efficiency, And Strong Cash Flow, This Turnkey Property Delivers A Standout Investment And Residential Opportunity In One Of The Borough's Most Active Markets. Interior Features & Layout Configuration: A Total Of Seven Bedrooms And Three Bathrooms Across Two Separate, Fully Updated Units. Upper Residence: A Spacious 5-bedroom, 2-bathroom Duplex Featuring An Open-concept Flow, Abundant Natural Light, And A Modern Kitchen Equipped With Sleek Countertops, Premium Stainless Steel Appliances, And Upgraded Bathrooms With Elegant Tilework And Stylish Fixtures. Lower Residence: A Separate 2-bedroom, 1-bathroom Walk-in Unit With Its Own Private Entrance, Offering Exceptional Flexibility For Extended Family Arrangements Or Rental Income Generation. Financial & Investment Highlights Income Potential: Estimated Monthly Rental Income Ranges From $3, 000 To $4, 000 For The Upper Duplex And $3, 200 To $3, 800 For The Lower Unit. Monthly & Annual Projections: Combined Projected Gross Monthly Income Between $6, 200 And $7, 800, Translating To An Estimated Annual Revenue Between $74, 000 And $94, 000. Strategy: Ideal For An Owner-occupant Seeking Rental Income Support Or An Investor Looking For A Fully Stabilized, Low-maintenance Asset. Prime Location Strategically Positioned On A Well-connected Block Benefiting From Ongoing Neighborhood Development, Offering Close Proximity To Subway Lines, Bus Routes, Local Schools, Grocery Stores, Restaurants, And Parks For A Seamless Commute Into Manhattan And Surrounding Boroughs. Professional Representation And Post-closing Rental Management And Tenant-placement Services Available To Ensure Smooth Transition And Immediate Cash Flow Optimization.