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Listing Courtesy of Corcoran Group
$ 1,100,000
Est. payment /mo
Active
732 E 223RD Street Bronx, NY 10466
7 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Wakefield
MLS Listing ID RLS20063605
Bedrooms 7
Full Baths 2
HOA Y/N No
Year Built 1915
Annual Tax Amount $7,236
Property Sub-Type Multi Family
Property Description
Outstanding Investment Opportunity!
Presenting a high income, turn-key income property offering immediate and reliable cash flow. This fully leased asset features a generous 4-bedroom unit generating $4200 per month and a well-maintained 3-bedroom unit earning $3,800 per month. The property presents a great value-add opportunity with the possibility of legally converting the existing two-family layout into a three-family configuration, adding to overall revenue.
With all units occupied, investors can benefit from instant rental income without the downtime or expense associated with vacancy turnover. With dependable performance, low operational demands, and compelling long-term growth potential, this property serves as a valuable addition to any real estate portfolio.
Presenting a high income, turn-key income property offering immediate and reliable cash flow. This fully leased asset features a generous 4-bedroom unit generating $4200 per month and a well-maintained 3-bedroom unit earning $3,800 per month. The property presents a great value-add opportunity with the possibility of legally converting the existing two-family layout into a three-family configuration, adding to overall revenue.
With all units occupied, investors can benefit from instant rental income without the downtime or expense associated with vacancy turnover. With dependable performance, low operational demands, and compelling long-term growth potential, this property serves as a valuable addition to any real estate portfolio.
Location
State NY
County Bronx
Rooms
Basement Other
Interior
Interior Features Smoke Free
Fireplace No
Laundry In Unit
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 2
New Construction No
Others
Pets Allowed Pets Allowed
Tax ID 04836-0066
Ownership None
Monthly Total Fees $603
Special Listing Condition Standard
Pets Allowed Building Yes, No

RLS Data display by Elegran Real Estate
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