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Single Family House for Sale in Bronx, New York, Bronx, NY 10466 | Web ID: 981728 | $1,555,000

 
Single Family in New York - Matilda  Bronx, NY 10466Single Family Matilda  Bronx, NY 10466, MLS-981728-2Single Family Matilda  Bronx, NY 10466, MLS-981728-3
 

Property Description

Prime Wakefield Investment — 7-unit Income-producing Property Near Transit. Exceptional Opportunity To Own A Brick 3-story Multifamily Building In The Wakefield Section Of The Bronx—one Of The City’s Strongest And Most Consistent Rental Markets. 7 Total Income-generating Units, Including: • Five 2-bedroom Apartments • One 1-bedroom Apartment • Bonus 2-bedroom Unit In The Basement Perfect For Investors Seeking Strong Cash Flow, Portfolio Expansion, Or Owner-occupants Looking To Offset Living Costs With Rental Income. • Gross Rental Income: $169, 020 Annually • Total Expenses: $58, 427.72 • Net Operating Income (noi): $110, 592.28 • Cap Rate: ~7.1% • Grm (gross Rent Multiplier): ~9.2 Major Capital Improvements Completed (boiler, Roof, Gas Lines, Oil Tanks). Just 2 Blocks From The Nereid Ave / White Plains Rd Station (2 & 5 Trains), Offering A Quick And Convenient Commute Throughout Nyc. Surrounded By Local Shops, Restaurants, Schools, And Public Transportation, Making It Extremely Attractive To Tenants.

Property Information

Location/Town New York
Area/County Bronx
Post Office/Postal City Bronx
Prop. Type Single Family House for Sale
Tax $29,540.00
Year Built 1930
Basement Finished, Walk-Out Access
Construction Brick
Total Units 7
Lot SqFt 2,500
Cooling Wall/Window Unit(s)
Heat Source Oil
Util Incl Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected
Days On Market 1
Parking Features On Street
Tax Assessed Value 436500
Units 7
Features Washer/dryer hookup
Listing information courtesy of: At Home With Yara Realty

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