Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 11 BR |
| Bathrooms: | 6 |
| Lot Size: | 0.1 Acres |
Financials
Listing Courtesy of Realmart Realty LLC
Exceptional Investment Opportunity Legal 3 Family Property in the Bronx Rare opportunity to own a legal 3 family income producing property in the Bronx, offering strong current rental income, flexible ...
Description
Exceptional Investment Opportunity – Legal 3-Family Property in the Bronx
Rare opportunity to own a legal 3-family income-producing property in the Bronx, offering strong current rental income, flexible living space, and significant potential for future rental growth.
Property Configuration
1st Floor + Basement
2-bedroom / 2-bathroom apartment
Current rent: $2,600/month
Finished basement providing big additional flexible space
2nd Floor
3-bedroom / 2-bathroom apartment
Current rent: $2,600/month
3rd Floor
3-bedroom / 2-bathroom apartment
Current rent: $2,600/month
Property Taxes: $10,486/year
Insurance: $3,730/year
Total Property Tax & Insurance: $14,216/year
Below-Market Rents: Current rents are below estimated market levels, providing meaningful potential for future rental growth
Tenants pay their own heat and gas
Property Highlights
Legal 3-Family Property
Approximately 3,471 SF
3 units / 8 bedrooms / 6 bathrooms
Three full residential floors
Flexible 2-bedroom and 3-bedroom layouts
Finished basement with additional flexible space
Strong current rental income with significant potential for rent increases
Relatively low property taxes and insurance expenses
Excellent opportunity for investors seeking current cash flow and future rental upside
Amenities
- Cable - Available
- Electricity Available
- First Floor Bedroom
- First Floor Full Bath
- Natural Gas Available

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.