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Single Family House for Sale in Bronx, New York, Bronx, NY 10474 | Web ID: 920047 | $1,199,998

 
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Property Description

Renovated 3-family Brick Home In Prime Hunts Point – Income-producing & Low Maintenance Welcome To 1321 Lafayette Ave, A Solid Brick Semi-detached 3-family Home Offering Over 3, 100 Sq Ft Of Fully Upgraded Living Space. This Is A Turnkey Investment Opportunity In One Of The Bronx’s Most Rapidly Developing Neighborhoods. The Layout Includes A Spacious 3-bedroom, 2-bath Duplex And Two 2-bedroom, 1-bath Units. All Units Are Currently Occupied By Reliable Tenants, Delivering Immediate Income. The Property Is Being Sold As-is, Offering A Seamless Transition For Investors. The Property Brings In $8250 While The Expenses Are Close To $2000. Cap Rate= 6.25% Extensive Renovations Have Already Been Completed, Including A Newer Roof, Updated Gas Boiler, New Windows, Plumbing, Heating System, And Water Heater. With All Major Systems Updated, This Is A Low-maintenance Property With Strong Long-term Value. Additional Highlights Include A Private Fenced Backyard, Large Multi-car Driveway, And R6 Zoning—providing Future Development Potential. Annual Property Taxes Are Under $8, 000, Maximizing Your Return. Conveniently Located Near The 6 Train, Major Bus Lines, I-95, And The Bronx River Parkway, This Property Offers Excellent Access To Transit, Schools, And Local Amenities. Whether You're Expanding Your Portfolio Or Seeking A Hands-off Investment With Upside, This Property Delivers Immediate Cash Flow, Long-term Appreciation, And Minimal Upkeep. Opportunities Like This Are Rare. Don’t Miss It.

Property Information

Location/Town New York
Area/County Bronx
Post Office/Postal City Bronx
Prop. Type Single Family House for Sale
Tax $7,879.00
Total Baths 3
Full Baths 3
Year Built 2000
Basement Finished
Construction Brick
Total Units 3
Lot SqFt 2,900
Cooling Wall/Window Unit(s)
Heat Source Natural Gas, Other
Util Incl Natural Gas Connected, Trash Collection Public, Water Available
Days On Market 68
Parking Features Driveway
Units 3
Features Other
Listing information courtesy of: Coldwell Banker American Homes

RealtyDepotNY

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

 

 

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