Property Description
Douglas elliman has been retained on an exclusive basis to arrange the sale of 1122 fox st, a 5, 280 sqft, four-unit, walk-up townhouse, in the foxhurst section of the bronx. This residential building contains four floor-through, oversized apartment units. Featuring 17 bedrooms in total a $250, 000 investment was made into the property in 2018, which contributes to its low operating costs and above-market cap rate. Tenants pay for their own electric, cooking gas, and hot water, while the owner pays for the building's heat. With current income the property boasts a cap rate of 9. 1%, and given the updated rent guidelines an investor could achieve almost 11% as the leases are renewed. Local shopping along the westchester ave and southern blvd commercial corridors. Conveniently located along the mta's number 2 and 5 train lines, only two blocks from the simpson street station
Property Information
| Location/Town | Bronx |
| Area/County | Bronx |
| Post Office/Postal City | BRONX |
| Prop. Type | Four Family House for Sale |
| Style | Townhouse |
| Tax | $1,243.00 |
| Bedrooms | 17 |
| Total Baths | 4 |
| Full Baths | 4 |
| Year Built | 1901 |
| Basement | Finished, Full |
| Construction | Frame, Stucco |
| Total Units | 4 |
| Lot SqFt | 2,000 |
| Cooling | Window Unit(s) |
| Heat Source | Oil, Hot Water, Stea |
| Parking Features | On Street |
| Tax Assessed Value | 960000 |
| Units | 4 |
| School District | City of New York |
| Middle School | Call Listing Agent |
| Elementary School | Call Listing Agent |
| High School | Call Listing Agent |
| Listing information courtesy of: Douglas Elliman Real Estate | |
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