Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bedrooms: | 10 BR |
| Bathrooms: | 4 |
| Pets: | No Pets Allowed |
| Lot Size: | 0.06 Acres |
Financials
Listing Courtesy of Keller Williams Realty Group
Turn Key 2 Family Investment Opportunity in University Heights Fully Renovated amp ; Cash Flowing Welcome to 62 Buchanan Place, a beautifully renovated 2 family brick home with R7B zoning, ...
- View of property with a fenced front yard and stairs
- View of building exterior featuring a fenced front yard
- Living area featuring light wood-type flooring and baseboards
- Office space with light wood-type flooring
- Office space with light wood-type flooring
- Bathroom with wood finished floors
- Kitchen featuring appliances with stainless steel finishes, ceiling fan, light wood finished floors, light countertops, and recessed lighting
- Kitchen with appliances with stainless steel finishes, gray cabinets, recessed lighting, and light wood-style floors
- Kitchen with appliances with stainless steel finishes, gray cabinets, a peninsula, a ceiling fan, and recessed lighting
- Kitchen with appliances with stainless steel finishes, gray cabinets, a peninsula, a ceiling fan, and recessed lighting
- Full bathroom featuring vanity, a stall shower, and tile walls
- Utility room with tankless water heater and water heater
- 13
- Bathroom featuring baseboard heating, tile walls, vanity, a shower, and recessed lighting
- Bathroom featuring baseboard heating, tile walls, vanity, a shower, and recessed lighting
- Kitchen with appliances with stainless steel finishes, light countertops, white cabinetry, and recessed lighting
- Bedroom featuring light wood-type flooring and cooling unit
- Bathroom featuring a stall shower and vanity
- View of fenced backyard
- Back of house featuring a patio area, entry steps, and cooling unit
- Drone / aerial view
- View of subject property
- View of urban area
- City view
- City view
- City view
- City view
Description
Turn-Key 2-Family Investment Opportunity in University Heights – Fully Renovated & Cash-Flowing
Welcome to 62 Buchanan Place, a beautifully renovated 2-family brick home with R7B zoning, located in the thriving University Heights section of the Bronx. This is a prime opportunity for both investors and end-users seeking strong rental income and future development potential.
The entire property has been fully renovated from top to bottom, featuring modern finishes, updated systems, and thoughtful layouts throughout.
Property Breakdown:
First Floor: A spacious 3-bedroom, 1-bath apartment with an open-concept layout currently operated as a daycare business. Tenant pays $3,600 cash, not on a lease, offering flexibility for new ownership.
Second Floor Duplex: A sleek and modern 4-bedroom, 1-bathroom duplex apartment featuring open-concept living/dining space and contemporary finishes. Section 8 HPD tenant in place, generating $3,800/month.
Ground Floor (Basement): A well-maintained 3-bedroom, 1-bathroom unit currently occupied by a cash-paying tenant at $2,600/month.
With a total monthly income of $10,000, this property is not only fully renovated but also fully occupied, making it an ideal turn-key investment. Zoned R7B, it also holds potential for future development or expansion.
Located close to public transportation, schools, parks, and major roadways, this property blends immediate cash flow with long-term upside.
Don’t miss out on this rare Bronx multi-family gem—schedule your private tour today!
Amenities
- First Floor Bedroom
- First Floor Full Bath
- High ceiling
- Open Floorplan

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.