Rare 24 unit multifamily investment opportunity in the desirable Longwood section of the Bronx.
New York, NY 10455
Listing
| Web ID: | 5529676 |
|---|---|
| Website: | https://www.nestseekers.com/5529676 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Lot Size: | 0.1 Acres |
Financials
Price:$2,200,000
Annual Taxes:$26,356
Description
Rare 24-unit multifamily investment opportunity in the desirable Longwood section of the Bronx. This solid brick property consists of two attached buildings in excellent condition with strong curb appeal, a desirable unit mix, and steady rental demand.
689 Beck Street features 13 studio apartments and 3 one-bedroom apartments. 693 Beck Street features 5 three-bedroom apartments and 3 four-bedroom apartments. Both buildings are serviced by one efficient boiler system, helping simplify management and reduce maintenance costs. Offered at a 7.5% cap
Conveniently located near public transportation, shopping, schools, parks, and daily conveniences. A strong income-producing asset with durable construction, excellent condition, and long-term upside in a high-demand Bronx rental market.
Amenities
- Cable - Available
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Trash Collection Public
- Water Connected
Contact
Listing Courtesy of eXp Realty