$949,000

House for sale Bronx
Property photo number 1 of 20 Photos for Property. File 72692366_112da628377246a2233d6c75a9ffc290.jpeg

Overview

SUMMARY: Discover an opportunity with this Bronx house for sale and available for $949,000. This could be your next ideal home or a smart investment. More details await.
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!!!
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Details

  • Beds: 7
  • Baths:  6
  • Price: $949,000
  • Open House: -
  • Reference No.: crrli_1093

Amenities

  • Home: Eat In Kitchen

Location

Marketed by:

  • Isatou Jabbie
  • Charles Rutenberg Realty
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  • 718-994-4002
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