Multi Family 5+ in Bronx
| MLS Number | 6327685 |
|---|---|
| Address | 1945 Gleason Avenue, BRONX, NY 10472 show map |
| Price | $1,300,000 show mortgage calculator |
| Acres | 0.059090909090909 |
| Year Built | 1928 |
| Est. Sq. Footage | 4320 |
| Elementary School | Call Listing Agent |
| Jr High-Middle School | Call Listing Agent |
| High School | Call Listing Agent |
| Estimated Taxes | $15,296 |
| Total Apt Units | 6 |
| # 1 Brs | 4 |
| # 2 Brs | 2 |
Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.
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