Multi Family 5+ in Bronx
| MLS Number | 6332951 |
|---|---|
| Address | 1119 Morris Avenue, BRONX, NY 10456 show map |
| Price | $1,500,000 show mortgage calculator |
| Acres | 0.080509641873278 |
| Year Built | 1927 |
| Est. Sq. Footage | 6401 |
| Elementary School | Call Listing Agent |
| Jr High-Middle School | Call Listing Agent |
| High School | Call Listing Agent |
| Estimated Taxes | $16,950 |
| Total Apt Units | 5 |
| Total Bedrooms | 13 |
| # 2 Brs | 2 |
| # 3 Brs | 3 |
HIGHEST AND BEST FOR 10/31 AT 5 PM. PLEASE EMAIL OFFERS TO MSOLER@SOLERREALTYNYC.COM This expansive 5-family building, located in the Bronx, boasts over 6,000 square feet of living space, featuring three 3-bedroom units and two 2-bedroom units. With a projected Cap Rate of 10%, this property is an ideal investment opportunity, especially once fully renovated. Plus, it will be delivered vacant, giving you full control over upgrades and tenant selection. There's additional potential to convert the units into more bedrooms, maximizing rental income given the property's large size. Conveniently located just a short walk from the B & D trains, this building is perfect for commuters and presents significant upside for investors. Don't miss this chance to make a great return!
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