2248 Bassford Avenue
Bronx, NY 10457

Property

Ownership: For Sale
Bedrooms: 27 BR
Bathrooms: 9
Pets: Pets No
Area: 8820 sq ft
Lot Size: 2579 sq ft

Financials

Price: $1,700,000
Annual Taxes: $16,762

Mortgage Calculator

6243 Northern Blvd
Courtesy of eXp Realty

Description

HUGE 8,820 SF Well-Maintained 8 Family Building Selling for an 8.95x GRM and 6.88% CAP RATE in Belmont area of Bronx by Saint Barnabas Hospital (only blocks to Fordham University and B, D & 4 subway line) offers (5) 3 Brms, (3) 4 Brms over Basement Workshop/Storage and Boiler Room. Many Improvements over the years: NEW Gas Main Risers throughout, Dual Boiler offers option to burn Gas or Oil, (2) 75 Gallon Hot Water Heaters, Upgraded Main Electrical Service with Meters and Electrical Lines Throughout Building and Apartments, Front Entry Door, Intercom System, 24 Hour Video Security Surveillance System and Mostly All Apartments have been Renovated at vacancy turnover. EXCELLENT CASH FLOW = $ 189,887 GROSS INCOME less $67,134 EXPENSES for $116,989 NET ANNUAL INCOME!!! Listed To Sell FAST $1,700,000 FIRM!!!

HUGE 8, 820 SF Well Maintained 8 Family Building Selling for an 8.


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