Excellent investor or value add opportunity !
| Website: | https://www.nestseekers.com/5602047 |
|---|---|
| Address: | New York, NY 10458 |
| Ownership: | For Sale |
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| Type: | Unknown |
Financials
Description
**Excellent investor or value-add opportunity!** Built in 2007, this massive brick 3-family home with a fully finished basement is located in a prime, high-demand Bronx rental market. Designed for maximum profitability and ultra-low landlord expenses, the property features completely separate utilities with **4 gas meters, 4 electric meters, 4 boilers, and 4 hot water heaters.** Tenants pay all of their own heat, hot water, and electricity!
The building configuration consists of:
* **Unit 1:** 3 Bedrooms / 1 Bathroom (**Delivered Vacant**)
* **Unit 2:** 3 Bedrooms / 1 Bathroom (**Delivered Vacant**)
* **Unit 3:** 2 Bedrooms / 1 Bathroom (**Occupied by non-paying tenant, no access**)
* **Basement:** Full, finished with separate entrance.
**Location Highlights:** Ideal location for student housing or commuters. Steps away from Fordham University, the Metro-North, multiple subway/bus lines, and shopping/dining on historic Arthur Ave.
Property is being sold **AS-IS** with a non-paying tenant in the 2-bedroom unit & basement. Cash or rehab financing preferred. Bring your vision and unlock incredible upside potential!
Amenities
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Other
- Water Available
- Water Connected
505 Park Ave, New York, NY 10022 Phone: +1 212-252-8772 | |
| Listing Courtesy of EXIT Realty Private Client | |