Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 7 BR |
| Bathrooms: | 4 |
| Lot Size: | 0.1 Acres |
Financials
Listing Courtesy of EXIT Realty Private Client
Prime 3 Family Cash Flow Investment Opportunity in Wakefield Positioned in the vibrant Bronx neighborhood of Wakefield, 1038 East 224th Street is a versatile 3 family property designed to maximize ...
Description
Prime 3-Family Cash-Flow Investment Opportunity in Wakefield
Positioned in the vibrant Bronx neighborhood of Wakefield, 1038 East 224th Street is a versatile 3-family property designed to maximize rental yields. Whether you are looking to expand your portfolio or live in one unit while collecting substantial rent from the others, this property delivers the ideal layout and location.
The home features three spacious units—a generous 4-bedroom unit, a comfortable 2-bedroom unit, and an efficient 1-bedroom unit—allowing for a diverse tenant base and minimized vacancy risk. The lower level includes a convenient walk-out unit, perfect for additional storage, recreational space, or utility access.
All units were fully renovated prior to renting.
Situated "close to all," residents enjoy easy access to local retail, public transportation (including nearby subway lines and bus routes), schools, and neighborhood parks—ensuring consistently high tenant demand.
Amenities
- Electricity Connected
- Natural Gas Connected
- Storage

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.