Quadruplex In Der Bronx

LEGAL THREE-FAMILY WITH VACANT UNIT

Excellent opportunity to own a legal three-family property in the Bronx with strong income

The property consists of three spacious 2-bedroom / 1-bath apartments, each separately metered, with the owner responsible for only water and common-area electric. One apartment will be delivered vacant, creating immediate flexibility for an owner-occupant or investor.

Current rents are $2,800 and $2,400 for the occupied units. The vacant 2-bedroom apartment is projected to rent for approximately $3,000 per month, bringing current achievable gross income to approximately $8,200 per month ($98,400 annually).
At market rents, gross income potential is estimated at approximately $11,000 per month ($132,000 annually).

Additional features include a finished basement.

Conveniently located near Noble Playground and the 2, 5, and 6 subway lines, providing easy access throughout the Bronx and Manhattan.

Ideal for investors or owner-occupants looking to offset their mortgage with rental income.