New York, NY 10459

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 4
Pets: No Pets Allowed
Lot Size: 0.05 Acres

Financials

Price:$895,000
Annual Taxes:$4,216.44
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty NYC Grp

This 2 family home in the Foxhurst section of the Bronx is a great opportunity for an owner occupant to capitalize on the current rental income, providing immediate relief of ...

Description

This 2 family home in the Foxhurst section of the Bronx is a great opportunity for an owner occupant to capitalize on the current rental income, providing immediate relief of their monthly expenses or an investor looking to add to their rental portfolio. The home features 2 individually metered units with spacious layouts, and a basement classified as accessory uses allowing for additional uses of this space. The top floor features a large 3 bedroom/ 2 full bathrooms apt. This unit has a month to month tenant at $2900. The first floor features a large 2 bedroom/ 2 full bathrooms apt with access to the large private backyard from within the unit allowing for outdoor relaxation, and a staircase that leads to the full basement with walkout/ walkin access from the front of the house. A 1 car garage completes the home. Additional notes: A new roof was installed 4 yrs ago. The property is zoned R7 and may qualify for additional FAR with the city of yes housing opportunity. The basement may qualify for an ADU. Check with your architect. Location highlights: Close to public transportation with the BX 17 on Prospect Ave, and #2 and #5 train station on Freeman St. The Southern Blvd retail corridor blocks away provides many options for shopping and eateries. Easy access to major highways provide a quick commute into Manhattan or Westchester County. Whether you're looking to live in one unit and rent the other, add a strong asset to your portfolio or enjoy the flexibility of a multi- family home, this property is a must- see.

Amenities

  • Cable Connected
  • Eat-in Kitchen
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

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.