Fully Vacant 3 Family with a finished basement for extra storage. living room's in each apartment have enough space to build an extra 4th bedroom for more rental income. 2 full bathrooms in each apartment. Tax Abatement already came off the property and all units are all fully market rent. each apartment pays for their own utilities. great net income after very low expenses. property could potentially generate over 163,380 Gross income yearly if rented at full market rents per voucher standard payments. with a net income after expenses at 152,880. that's an 11% cap rate even at full asking. price could be slightly negotiable.
Listing By
Agency Name: eXp Realty
Agency Contact: 888-276-0630
Shown By
Agent Name: Heather Malone
Agent Phone: Cell: (631) 220-1366
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 6,826.26 per month $5,797.67 Principal & Interest $634.83 Property Tax $393.75 Homeowner's Insurance
879 E 178th Street | MLS# 977403
This multi-family property located at 879 E 178th Street , Bronx, NY 10460 is currently listed for sale with an asking price of $1,349,999. Search Bronx real estate on hmalone.coachrealtors.com today.