Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 2
Pets: Pets No
Lot Size: 0.05 Acres

Financials

Price:$1,175,000
Annual Taxes:$6,564.20
505 Park Ave, New York, NY 10022
Listing Courtesy of Locqube New York, Inc.

Description

Welcome to 1858 Wallace Ave, Bronx, NY 10462—a versatile and well-maintained two-family brick home located in the desirable Morris Park neighborhood. This property offers the perfect opportunity for both homeowners and investors looking to generate rental income or accommodate extended family. The first-floor unit features two spacious bedrooms, one full bathroom, a comfortable living room, and a large eat-in kitchen. Upstairs, the second-floor unit offers three generously sized bedrooms, a full bathroom, a bright living area, and a separate kitchen and dining space—ideal for larger households. The home also includes a full basement with high ceilings, offering excellent potential to be transformed into additional living or recreational space. Whether used as a bonus area, office, or storage, it provides a great opportunity to add value to the property. Situated close to public transportation (2/5 subway lines), major highways, schools, shops, and restaurants, this home is conveniently located for everyday living. With strong rental demand in the area and great long-term upside, 1858 Wallace Ave is a smart investment in a growing Bronx neighborhood.

Amenities

  • Electricity Available
  • First Floor Full Bath
  • Natural Gas Available
  • Original Details
  • Walk-In Closet(s)

Welcome to 1858 Wallace Ave, Bronx, NY 10462 a versatile and well maintained two family brick home located in the desirable Morris Park neighborhood.

View of front of property featuring a fenced front yard, a porch, a gate, brick siding, and mansard roof

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.