New York, NY 10457

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 6 BR
Bathrooms: 4
Lot Size: 0.1 Acres

Financials

Price:$1,100,000
Annual Taxes:$4,772.60
505 Park Ave, New York, NY 10022
Listing Courtesy of eXp Realty

Fantastic Investment Opportunity in the Heart of the Bronx 2058 Washington Ave.

Description

Fantastic Investment Opportunity in the Heart of the Bronx — 2058 Washington Ave. Nestled in one of the Bronx’s most convenient and growing neighborhoods, this fully renovated brick 3-unit home offers the perfect blend of modern comfort, strong rental income, and owner-occupant potential. Each unit features brand-new appliances, hardwood and marble floors, and energy-efficient windows with a 20-year warranty. The property also boasts a spacious private backyard, ideal for entertaining, gardening, or enjoying quiet outdoor time. Unit 1 (Duplex): Two levels of modern living with a master bedroom and en-suite bath upstairs. The main floor includes a stylish kitchen, open living and dining area, second full bathroom, and direct access to the backyard. Unit 2: A bright and generous one-bedroom, one-bath apartment with ample closet space and modern finishes — great for long-term rental or guest use. Unit 3: Newly renovated two-bedroom, one-bath apartment featuring an updated kitchen and bathroom with contemporary design touches. This home is fully rented, generating a strong monthly income of approximately $10,000, making it an excellent turnkey investment or live-and-rent opportunity. Enjoy easy access to public transportation, schools, parks, shopping, and all the amenities that make Bronx living so desirable. Whether you’re a first-time homebuyer looking to offset your mortgage with rental income or an investor seeking a solid, cash-flowing property, this home checks all the boxes! The windows and roof were newly replaced in 2024 with a 20 year warranty.Attention investors WE HAVE MULTIPLE OFFERS'', offers on the property. If you have already submitted an offer or are planning to submit one, please present your highest and best offer. The seller will review all offers and select the strongest offer by: May 25, 2026 at 12:00 PM (Noon)

Amenities

  • Breakfast Bar
  • Eat-in Kitchen
  • First Floor Bedroom
  • Granite Counters
  • Kitchen Island
  • Natural Gas Available
  • Open Kitchen
  • Primary Bathroom
  • Trash Collection Public
  • Water Available

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.