Two Family House for Sale in Bronx, Bronx, NY 10461 | Web ID: PH500832 | $1,360,000

 
Property Description

Perfect time to own a restaurant and two family in the heart of the vibrant bronx neighborhood. This mixed-use property showcases a perfect blend of commercial and residential possibilities, offering an exceptional opportunity for owners to build their dream business or bolster their investment portfolio. The ground floor reveals a vast commercial space currently generating $3500 in rent, ideal for a variety of retail or business activities. The high-visibility storefront and heavy foot traffic offer the perfect backdrop for your business, with a potential rental income of up to $4000. Above, discover two available residential units, currently earning $1800 and $1700 for the second and third floors respectively. These well-lit, spaciously laid-out units hold potential for an increased rental income of up to $2500 each, making this property a promising investment for steady rental income - pro income can be 7. 3% cap. Embodying a unique fusion of commercial and residential prospects, this property stands as a lucrative investment in the bustling local rental market. Don't miss out on the chance to capitalize on this dynamic mixed-use opportunity nestled in the sought-after bronx locale!

Property Information
Location/Town Bronx
Area/County Bronx
Post Office/Postal City BRONX
Prop. Type Two Family House for Sale
Style Store+Dwell
Tax $16,412.00
Bedrooms 6
Total Rooms 13
Total Baths 4
Full Baths 4
Year Built 1932
Basement See Remarks
Construction Brick
Total Units 2
Lot Size 25x105.58
Lot SqFt 2,640
Cooling Wall Unit(s)
Heat Source Natural Gas, Other,
Zoning R4-1
Community Features Park, Near Public Transportation
Parking Features Off Street, Other, On Street
Tax Lot 40
Units 2
School District Bronx 8
Middle School Bronx Bridges High School
High School Bronx Arena High School
Listing information courtesy of: EXP Realty
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