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Single Family House for Sale in Bronx, New York, Bronx, NY 10459 | Web ID: 982360 | $1,551,000

 
Single Family in New York - Rev James Polite  Bronx, NY 10459Single Family Rev James Polite  Bronx, NY 10459, MLS-982360-2Single Family Rev James Polite  Bronx, NY 10459, MLS-982360-3
 

Property Description

Excellent Mixed-use Investment Opportunity In The South Bronx. This Fully Occupied Property Features Three Residential Units And One Commercial Space, Offering Strong And Consistent Income. Based On Current Rents, The Property Generates Approximately $12, 500/month ($155, 000 Annually), With An Estimated Noi Of ~$122, 289. This Supports An Approximate 7.5% Return At Current Pricing, With Additional Upside Potential From On-site Advertising Income. Ideal For Investors Seeking A Turnkey Asset With Multiple Income Streams And Long-term Growth. Low Operating Expenses, Including A Favorable Tax Structure, Further Enhance The Overall Return Profile. Conveniently Located Near Transportation, Shopping, And Major Thoroughfares, Making It Attractive For Both Residential And Commercial Tenants. All Income, Expense, And Return Figures Are Approximate And Should Be Independently Verified.

Property Information

Location/Town New York
Area/County Bronx
Post Office/Postal City Bronx
Prop. Type Single Family House for Sale
Tax $1,547.00
Bedrooms 5
Total Baths 5
Full Baths 5
Year Built 2005
Construction Brick
Total Units 4
Lot SqFt 2,190
Cooling Wall/Window Unit(s)
Heat Source Natural Gas
Util Incl Electricity Connected, Natural Gas Connected, Water Connected
Days On Market 22
Parking Features None
Tax Assessed Value 582300
Tax Lot 80
Units 4
School District Bronx 12
Middle School School Of Performing Arts
Elementary School Urban Scholars Community Schoo
High School Metropolitan High School (The)
Features First floor bedroom
Listing information courtesy of: EXP Realty

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Fax: 718-896-7020

 

 

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