Bronx, NY 10472
$1,300,000
Well-maintained five-story brick corner building in the Bronx featuring 11 units, all currently rented. Each apartment unit features 3 bedrooms and 1 full bathroom. The property offers approximately 14,000 square feet of building area situated on a 40 x 100 lot. Renovated interiors feature updated kitchens with stainless steel appliances, floor-to-ceiling tiled bathrooms, and hardwood floors throughout. Units are individually metered for gas. Heat is landlord-controlled and supplied by oil. The property features a boiler system and two electric hot water tanks. Property currently generates over $15,000 per month in rental income with an 8.89% cap rate. Convenient Bronx location with access to transportation, shopping, and neighborhood amenities.
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