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Updated Brick Two Family in the Heart of Bronx

Updated Brick 2-Family in the Heart of Bronx!

Investor’s Delight! 7.3% CAP Rate! Easy Management. This brick 2 family property is ideal for investors. Situated within close proximity to Bronx Zoo, 6 blocks away from Fordham University and Belmont Playground across the street, this property offers easy access to local amenities, attractions, stores, supermarkets, and restaurants on Arthur Ave.

It is a well-maintained building, boasting two duplex units in a very nice move-in condition, handsome brick facade, separate heating & hot water systems, small backyard, and low real estate taxes. The building was built 15 years ago. Tenants pay their own heat, hot water & electricity which results in a very low maintenance cost. Owner pays only taxes, insurance and water/sewer.

Each apartment spans two levels, offering ample space and privacy for residents.

Unit 1 features a spacious eat-in kitchen with sleek gray solid wood cabinets, stainless steel appliances (including dishwasher and microwave), and ample countertop space, nicely tiled full bathroom with a tub and shower, a large main bedroom with direct access to the yard on the first level and it duplexes up to two additional bedrooms.

Unit 2 features a well-appointed large eat-in kitchen, living area, and nicely tiled full bathroom with a tub and shower on the first level and on the second level it has 3 well-sized bedrooms.

Lot: 22.21 x 40.84 ft
Building: 22.21 x 32.30 ft
Zoning: R7-1
FAR: 1.58; MAX FAR: 3.44
Taxes: $6,108/Yr

Don’t miss out on this unique opportunity to own a profitable investment property.

Call TODAY to For a Full Set Up!
Michael Bifalco 917-704-5147
Capri Jet Realty 718-388-2188

*Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.