LEGAL THREE-FAMILY WITH VACANT UNIT
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.
40 days
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296
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12
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Zillow last checked:
Listing updated:
Listed by:
De Luca Realty Group INC917-363-8127,
Christina De Luca917-363-8127
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 930591
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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