Property Description
Investment opportunity is knocking!! Grab it today. 6 unit brownstone in a fleetwood neighborhood in grand concourse historic neighborhood of the bronx! Own a piece of history today. Each apartment is good condition with one full bathroom. Because zoning is r7 , there's an opportunity to build up many more stories on top of the existing property. Property taxes is $9954( annually) , water is $7000( annually approx. ), heating is $8000 ( annually approx. ) , maintenance is $3000( annually ) , while insurance is $4000( annually). Total expenses is $24954 ( annually ) while total annual income $94692( annually) , noi is $69, 738( with an opportunity to increase) , and a cap rate of 7. 3%. Check it out!!!
Property Information
| Location/Town | Bronx |
| Area/County | Bronx |
| Post Office/Postal City | BRONX |
| Prop. Type | 6 Family Building for Sale |
| Tax | $9,954.00 |
| Bedrooms | 7 |
| Total Baths | 6 |
| Full Baths | 6 |
| Year Built | 1899 |
| Basement | Finished, Full |
| Construction | Blown-In Insulation, Brick |
| Total Units | 6 |
| Lot SqFt | 2,174 |
| Cooling | None |
| Heat Source | Oil, Baseboard |
| Community Features | Park |
| Lot Features | Corner Lot, Easement, Historic District, Near Public Transit |
| Parking Features | Driveway, Off Street |
| Tax Assessed Value | 867000 |
| Units | 6 |
| School District | City of New York |
| Middle School | Call Listing Agent |
| Elementary School | Call Listing Agent |
| High School | Call Listing Agent |
| Features | Master downstairs, first floor bedroom, cathedral ceiling(s), eat-in kitchen |
| Listing information courtesy of: Charles Rutenberg Realty, Inc. | |
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