Property

Ownership: For Sale
Type: Unknown
Bedrooms: 7 BR
Bathrooms: 5
Pets: Pets No
Lot Size: 0.06 Acres

Financials

Price:$1,300,000
Annual Taxes:$6,125.72
505 Park Ave, New York, NY 10022
Listing Courtesy of Comres Realty Group LLC

Description

Turnkey Legal 3-Family Will Full Finished basement– Fully Renovated in Prime Morris Park/Van Nest, Bronx Fantastic investment opportunity! This fully gut-renovated legal 3-family home is located in the desirable Morris Park/Van Nest section of the Bronx and offers immediate rental income with great, paying tenants already in place. The property features a spacious 3-bed/2-bath unit, a 2-bed/1-bath unit, and a 1-bed/1-bath unit—plus a fully finished walk-out basement, ideal for additional living or storage space. Everything has been upgraded: brand-new kitchens, modern bathrooms, new plumbing, updated electric, new windows throughout, and a sleek stucco exterior. Private, fenced backyard adds extra value for tenants or future owners. Located just minutes from the 2/5 subway, local shops, restaurants, and major highways including the Bronx River Parkway. A rare find—low maintenance, fully occupied, and producing strong rental income. Perfect for investors or owner-occupants looking to offset mortgage costs.

Amenities

  • Cable - Available
  • Electricity Connected
  • First Floor Bedroom
  • Natural Gas Available
  • Sewer Connected

Turnkey Legal 3 Family Will Full Finished basement Fully Renovated in Prime Morris Park Van Nest, Bronx Fantastic investment opportunity !


    Long Island MLS

    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.