Welcome To 506 E 183rd Street, An Exceptional, Fully Renovated Legal 2-unit Home Offering A Prime Investment Opportunity In The Heart Of The South Bronx. This Meticulously Updated Property Is Ideal For Investors Looking To Expand Their Portfolio Or Owner-occupants Seeking Strong Rental Income Potential. The Upper Level Features A Spacious 5-bedroom, 2-bathroom Duplex, Thoughtfully Redesigned For Modern Living. The Residence Showcases Luxurious Finishes And Contemporary Design Throughout. The Modern Kitchen Offers Sleek Countertops, High-end Stainless Steel Appliances, And Ample Storage, Making It Perfect For Everyday Living And Entertaining. Elegant Bathrooms Feature Stylish Fixtures And Beautiful Tilework, Creating A Spa-like Atmosphere. The Expansive Layout Provides Generous Shared Living Areas While Maintaining Comfort And Privacy. The Lower Level Includes A Separate 2-bedroom, 1-bathroom Walk-in Unit With Its Own Private Entrance. This Unit Offers Excellent Flexibility And Can Be Used As An Income-producing Rental, Guest Accommodations, Or Additional Living Space—significantly Enhancing The Property’s Overall Value While Maintaining Privacy For Both Units. Located In A Thriving South Bronx Neighborhood Undergoing Rapid Growth And Revitalization, 506 E 183rd Street Is Conveniently Close To Major Transportation, Shopping, Dining, Parks, And Schools, Making It Highly Attractive To Both Residents And Tenants. Income & Investment Potential - Based On Current South Bronx Rental Trends, The Property Offers Strong Cash-flow Potential. The 5-bedroom Upper Duplex Is Estimated To Generate Approximately $3, 000–$4, 000 Per Month, While The 2-bedroom Lower Unit May Generate Approximately $3, 200–$3, 800 Per Month, For A Total Estimated Monthly Income Of $6, 200–$7, 800 (approximately $74, 000–$94, 000 Annually). This Makes 506 E 183rd Street An Ideal Opportunity For Buyers Looking To Live In One Unit While Renting The Other To Offset Expenses Or Generate Profit, As Well As Investors Seeking A Strong Income-producing Asset. Our Team Also Offers Full Rental And Tenant-placement Services After Purchase, Helping You Transition Seamlessly From Closing To Cash Flow.