Fully renovated, income producing, and delivered with two units vacant at closing 1501 Teller Avenue is a solid brick four family townhome commanding a corner lot in the Claremont section ...
New York, NY 10457
Listing
| Web ID: | 5723226 |
|---|---|
| Website: | https://www.nestseekers.com/5723226 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 8 BR |
| Bathrooms: | 4 |
| Lot Size: | 0.1 Acres |
Financials
Price:$1,374,999
Annual Taxes:$8,573
Description
Fully renovated, income-producing, and delivered with two units vacant at closing: 1501 Teller Avenue is a solid brick four-family townhome commanding a corner lot in the Claremont section of the Bronx, offering immediate cash flow, immediate control, and multiple paths to added income. All four units are spacious two-bedrooms finished with quartz countertops, stainless steel appliances, white shaker cabinetry, and oak flooring. Two units are occupied and producing; two are vacant, giving a buyer the rare ability to set market rents on day on or move in and finance as an owner-occupant. This is a free market building. The attached one-car garage can be rented separately, a consistently in-demand amenity in a neighborhood where street parking is scarce. And the full unfinished walk-out basement, with high ceilings and its own grade-level separate entrance, is a genuine value-add canvas: rentable storage today, and a strong candidate for future conversion as NYC's City of Yes reforms expand what's possible below grade. R7-1 zoning leaves approximately 2,898 square feet of unused FAR for longer-term development. Located minutes from BronxCare Hospital, shopping, dining, and schools, with the B, D, and 4 trains providing a fast, easy commute to Manhattan.
Amenities
- Granite Counters
- Near Public Transit
- Near School
- Near Shops
- Trash Collection Public
Contact
Listing Courtesy of Locqube New York, Inc.