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Configuration: Two Adjoining Income-producing Properties Zoning: R4a Total Rentable Rooms: 14 (6 In No. 350, 8 In No. 354) Parking: 3-car Garage, $250 Each, $750/month Total Income Snapshot August 2025 Gross Income: $12, 974 Per Month (room Rentals + Garage) Annualized Gross Income: ˜ $155, 700 Operating Expenses (ex-mortgage): ˜ $2, 850 Per Month Includes Water, Sewer, Electricity, Gas, And Insurance Net Operating Income (noi): ˜ $7, 974 Per Month / ˜ $95, 700 Annually Cap Rate: ~5.8% Property Details 350 East 193rd Street 2½-story Single-family Home Approx. 2, 025 Sq Ft On A 3, 658 Sq Ft Lot 6 Rentable Rooms 354 East 193rd Street 2-family, 2½-story Residence Approx. 2, 065 Sq Ft On A 5, 000 Sq Ft Lot 8 Rentable Rooms Both Buildings Date To 1910 And Retain Classic Bronx Frame-house Character. Investment Highlights Turnkey Cash Flow: Established Rent-by-room Model With Steady Occupancy. Additional Income Stream: Three Garage Spaces Generate $750/month. High-demand Location: Close To Fordham University, Shopping, Dining, And Multiple Subway And Bus Lines. Future Upside: Opportunity To Update Interiors, Adjust Room Rents, Or Explore Other Residential Configurations Within R4a Zoning. Summary Offered Together For $2, 100, 000, 350 & 354 East 193rd Street Present A Rare Chance To Own Two Adjacent, Fully Rented Properties With 14 Rooms Plus Garage Income. With Gross Monthly Revenue Approaching $13k And An Noi Of Nearly $96k, This Portfolio Delivers Immediate Returns And Long-term Growth Potential In One Of The Bronx’s Most Active Rental Markets.
| Location/Town | New York |
| Area/County | Bronx |
| Post Office/Postal City | Bronx |
| Prop. Type | Single Family House for Sale |
| Tax | $25,540.00 |
| 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 | 2 |
| 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 | |