8 Beds
3 Baths
2,374 Sqft Lot
8 Beds
3 Baths
2,374 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Morris Park
MLS Listing ID 1060708
Bedrooms 8
Full Baths 3
Rental Info No
Year Built 1927
Annual Tax Amount $15,192
Lot Size 2,374 Sqft
Acres 0.0545
Property Sub-Type Quadruplex
Source onekey2
Property Description
The property generates approximately $172,546 in annual gross rental income, with a reported pro forma net operating income of $133,248. All four units are occupied, with rental income supported in whole or in part by government subsidy programs or agency/organizational lease arrangements, subject to verification.
With reported operating expenses of approximately $34,122 annually, this property presents an opportunity for investors seeking a fully occupied multifamily asset with substantial existing income. The property is noted as having fewer than six units and outside rent stabilization, subject to confirmation and applicable laws.
Offered exclusively at $1,500,000. Financials, leases, expenses, and rental regulations to be independently verified by the purchaser
Location
State NY
County Bronx County
Rooms
Basement Unfinished
Interior
Interior Features ENERGY STAR Qualified Door(s), High Ceilings
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features None
Utilities Available Electricity Connected
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Bedford Park Elementary School
Middle Schools Acad-Personal Ldshp And Excellence
High Schools Bronx 10
School District Bronx 10
Others
Senior Community No
Special Listing Condition None
Nearby Locations
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