6 Beds
3 Baths
1,010 Sqft Lot
6 Beds
3 Baths
1,010 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 930591
Bedrooms 6
Full Baths 3
Rental Info No
Year Built 2007
Annual Tax Amount $7,182
Lot Size 1,010 Sqft
Acres 0.0232
Property Sub-Type Quadruplex
Source onekey2
Property Description
Excellent opportunity to own a legal three-family property in the Bronx with strong income
The property consists of three spacious 2-bedroom / 1-bath apartments, each separately metered, with the owner responsible for only water and common-area electric. One apartment will be delivered vacant, creating immediate flexibility for an owner-occupant or investor.
Current rents are $2,800 and $2,400 for the occupied units. The vacant 2-bedroom apartment is projected to rent for approximately $3,000 per month, bringing current achievable gross income to approximately $8,200 per month ($98,400 annually).
At market rents, gross income potential is estimated at approximately $11,000 per month ($132,000 annually).
Additional features include a finished basement.
Conveniently located near Noble Playground and the 2, 5, and 6 subway lines, providing easy access throughout the Bronx and Manhattan.
Ideal for investors or owner-occupants looking to offset their mortgage with rental income.
Location
State NY
County Bronx County
Rooms
Basement Finished
Interior
Interior Features Other
Heating Natural Gas, Other
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Off Street
Utilities Available Electricity Connected, Natural Gas Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
Virtual Tour https://unbranded.youriguide.com/1735_mansion_st_bronx_ny/
477 Madison Ave. 6th Floor, Suite 100, York, NY, 10022, United States