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Single Family House for Sale in Bronx, New York, Bronx, NY 10470 | Web ID: 1004320 | $899,000

 
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Property Description

Exceptional Opportunity To Own A Detached Legal 2-family Income-producing Property Situated On An Oversized R4a Lot In The Highly Sought-after Wakefield Section Of The Bronx. Combining Strong Rental Income, Private Parking, Valuable Land Opportunity, And Future Upside, This Property Presents A Rare Investment Opportunity In One Of The Bronx’s Most Consistently High-demand Rental Markets. The Home Is Currently Configured With Two Spacious 2-bedroom, 1-bath Apartments With Established Program Tenants In Place Generating Stable Income, Plus A Finished Walk-out Basement Featuring An Additional 1-bedroom, 1-bath Layout Offering Flexible Bonus Living Space. Property Is Being Sold Occupied, Making This An Ideal Turnkey Hold Opportunity For Investors Or End-users Seeking Immediate Passive Income Potential. Set On An Oversized Lot With R4a Zoning, The Property Offers Exceptional Outdoor Space, Private Parking, And Potential Opportunities For Future Expansion, Customization, Or Redevelopment Subject To Buyer’s Own Due Diligence. Detached Legal Multifamily Homes With Land Value And Income Potential Are Increasingly Difficult To Find In Today’s Bronx Market. Conveniently Located Near Major Transportation, Shopping, Restaurants, Schools, And Neighborhood Amenities, This Property Offers Both Long-term Appreciation Potential And Immediate Cash-flow Opportunity. Whether You Are An Investor Expanding Your Portfolio, A 1031 Exchange Buyer, Or An Owner-occupant Looking To Offset Your Mortgage With Rental Income, This Is A Rare Chance To Secure A High-demand Bronx Asset With Multiple Layers Of Value. No Known Dob Or Hpd Violations. Sold As-is And Delivered Occupied. Serious Buyers And Investors Only.

Property Information

Location/Town New York
Area/County Bronx
Post Office/Postal City Bronx
Prop. Type Single Family House for Sale
Tax $5,303.00
Bedrooms 4
Year Built 1931
Basement Finished, Full
Construction Brick, Frame
Total Units 2
Lot SqFt 5,000
Cooling Wall/Window Unit(s)
Heat Source Natural Gas
Util Incl Electricity Connected, Natural Gas Connected
Days On Market 4
Parking Features Driveway
Tax Assessed Value 34860
Units 2
School District Bronx 11
Middle School Leaders Of Tomorrow
Elementary School Ps 16 Wakefield
High School Bronxwood Prep Academy (The)
Features First floor bedroom
Listing information courtesy of: Keller Williams Realty Group

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Tel: 718-896-0777
Cell: 347-219-2037
Fax: 718-896-7020

 

 

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  • Phone: 718-896-0777
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