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Multi Family 5+ in Bronx
MLS Number6293979
Address2248 Bassford Avenue, BRONX, NY 10457 show map
Price$1,700,000 show mortgage calculator
Acres0.059205693296602
Year Built1910
Est. Sq. Footage8820
Elementary SchoolCall Listing Agent
Jr High-Middle SchoolCall Listing Agent
High SchoolCall Listing Agent
Estimated Taxes$16,762
Total Apt Units8
Total Bedrooms27
# 3 Brs5
# 4 Brs3
Remarks

HUGE 8,820 SF Well-Maintained 8 Family Building Selling for an 8.95x GRM and 6.88% CAP RATE in Belmont area of Bronx by Saint Barnabas Hospital (only blocks to Fordham University and B, D & 4 subway line) offers (5) 3 Brms, (3) 4 Brms over Basement Workshop/Storage and Boiler Room. Many Improvements over the years: NEW Gas Main Risers throughout, Dual Boiler offers option to burn Gas or Oil, (2) 75 Gallon Hot Water Heaters, Upgraded Main Electrical Service with Meters and Electrical Lines Throughout Building and Apartments, Front Entry Door, Intercom System, 24 Hour Video Security Surveillance System and Mostly All Apartments have been Renovated at vacancy turnover. EXCELLENT CASH FLOW = $ 189,887 GROSS INCOME less $67,134 EXPENSES for $116,989 NET ANNUAL INCOME!!! Listed To Sell FAST $1,700,000 FIRM!!!

Amenities

This listing is Courtesy of eXp Realty ((646) 337-7284).

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