Property
| Ownership: | For Sale |
|---|---|
| Type: | mixed-use |
| Pets: | Pets No |
| Lot Size: | 0.20 Acres |
Financials
DescriptionExcellent investment opportunity in the Soundview section of the Bronx: a solid brick mixed-use building consisting of three residential apartments (two 1-bedroom units and one 2-bedroom unit) and two ground-floor commercial storefronts, one currently leased. Legal 3 family + 2 storefronts.
The property is projected to generate $147,384 in gross annual income with low annual property taxes of just $13,000, offering investors a strong 11% cash-on-cash return based on conservative underwriting.
Centrally located near public transportation, the building is just blocks from the Elder Ave 6 train station, major MTA bus lines, and close to the Bruckner and Cross Bronx Expressways, ensuring high accessibility for both tenants and businesses.
A high-yield, low-maintenance asset with upside potential in a growing corridor.
Amenities- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
Excellent investment opportunity in the Soundview section of the Bronx: a solid brick mixed-use building consisting of three residential apartments (two 1-bedroom units and one 2-bedroom unit) and two ground-floor commercial storefronts, one currently leased. Legal 3 family + 2 storefronts. The property is projected to generate $147,384 in gross annual income with low annual property taxes of just $13,000, offering investors a strong 11% cash-on-cash return based on conservative underwriting. Centrally located near public transportation, the building is just blocks from the Elder Ave 6 train station, major MTA bus lines, and close to the Bruckner and Cross Bronx Expressways, ensuring high accessibility for both tenants and businesses. A high-yield, low-maintenance asset with upside potential in a growing corridor.
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
Excellent investment opportunity in the Soundview section of the Bronx a solid brick mixed use building consisting of three residential apartments two 1 bedroom units and one 2 bedroom unit ...
- 1
- View of property exterior featuring brick siding
- 3
- View of community
- View of property exterior featuring stucco siding
- View of side of home featuring brick siding
- View of front of house with brick siding
- Back of property featuring brick siding
- View of commercial location
- Entrance to property with brick siding
- View of basement
- View of corridor
- Utility room featuring electric panel
- Bedroom featuring light floors and ornamental molding
- Bedroom with crown molding and tile patterned floors
- Bedroom featuring light floors
- View of bedroom
- Bathroom with tile walls, vanity, tile patterned flooring, and shower / bath combination with curtain
- Kitchen with freestanding refrigerator, white cabinets, and tile patterned floors
- Dining space featuring ornamental molding and light tile patterned floors
- Kitchen with white appliances, under cabinet range hood, tasteful backsplash, and brown cabinets
- Hall with light tile patterned floors and arched walkways
- Unfurnished room with baseboards
- 24
- Bathroom featuring tile walls, vanity, shower / bath combo with shower curtain, and tile patterned flooring
- Carpeted bedroom featuring baseboards and radiator
- Bedroom featuring carpet
- View of stairs
- Dining space featuring wooden walls and light floors
- Kitchen featuring white appliances, arched walkways, tasteful backsplash, white cabinetry, and premium range hood
- Kitchen with white gas stove, backsplash, arched walkways, white cabinetry, and under cabinet range hood
- Living room with a chandelier and ornamental molding
- Living room with a chandelier and crown molding
- Bedroom with ornamental molding and ceiling fan
- Bathroom with tile walls, shower / tub combo with curtain, tile patterned floors, wainscoting, and vanity
- 36
- Utilities featuring gas water heater and a heating unit
- View of unfinished basement
DescriptionExcellent investment opportunity in the Soundview section of the Bronx: a solid brick mixed-use building consisting of three residential apartments (two 1-bedroom units and one 2-bedroom unit) and two ground-floor commercial storefronts, one currently leased. Legal 3 family + 2 storefronts.
The property is projected to generate $147,384 in gross annual income with low annual property taxes of just $13,000, offering investors a strong 11% cash-on-cash return based on conservative underwriting.
Centrally located near public transportation, the building is just blocks from the Elder Ave 6 train station, major MTA bus lines, and close to the Bruckner and Cross Bronx Expressways, ensuring high accessibility for both tenants and businesses.
A high-yield, low-maintenance asset with upside potential in a growing corridor.
Amenities- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
Excellent investment opportunity in the Soundview section of the Bronx: a solid brick mixed-use building consisting of three residential apartments (two 1-bedroom units and one 2-bedroom unit) and two ground-floor commercial storefronts, one currently leased. Legal 3 family + 2 storefronts. The property is projected to generate $147,384 in gross annual income with low annual property taxes of just $13,000, offering investors a strong 11% cash-on-cash return based on conservative underwriting. Centrally located near public transportation, the building is just blocks from the Elder Ave 6 train station, major MTA bus lines, and close to the Bruckner and Cross Bronx Expressways, ensuring high accessibility for both tenants and businesses. A high-yield, low-maintenance asset with upside potential in a growing corridor.
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
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.
