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Opportunity To Purchase Two Adjacent Properties At 350 & 354 East 193rd Street In The Bronx, Offering Strong Current Income And Future Upside. The Properties Sit On A Combined 8, 811 Sf Lot And Are Currently Configured As A Rent-by-room Setup With 14 Total Rooms Plus A 3-car Garage Generating Additional Income. Current Income: Monthly: ~$12, 974 Annual: ~$155, 700 Noi: ~$95, 700 Both Properties Are Fully Occupied And Provide Immediate Cash Flow. Property Details: 350 E 193rd St: 6 Rooms 354 E 193rd St: 8 Rooms 3 Garage Spaces ($750/month) Located Near Fordham University, Public Transportation, Shopping, And Major Bronx Corridors. Zoned R4a With Potential For Future Development. Preliminary Discussions Indicate Possible Rezoning For Higher-density Residential Use (buyer To Verify). Properties May Be Delivered Vacant. Asking Price: $2, 100, 000 Seller Open To Discussing Owner Financing For Qualified Buyers.
| Location/Town | New York |
| Area/County | Bronx |
| Post Office/Postal City | Bronx |
| Prop. Type | Single Family House for Sale |
| Tax | $5,172.00 |
| Bedrooms | 13 |
| Total Baths | 6 |
| Full Baths | 6 |
| Year Built | 1910 |
| Basement | Unfinished |
| Construction | Unknown |
| Total Units | 3 |
| Cooling | None |
| Heat Source | Forced Air |
| Util Incl | Trash Collection Public |
| Days On Market | 185 |
| Parking Features | Garage, Waitlist |
| Units | 3 |
| Features | First floor bedroom, first floor full bath, eat-in kitchen |
| Listing information courtesy of: Weichert New Homes Co | |