23
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$1,650,000
Est. payment /mo
3,506 Sqft Lot
Active
1119 Morris AVE Bronx, NY 10456
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UPDATED:
12/16/2024 03:54 PM
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYH6332951
Originating Board onekey2
Rental Info No
Year Built 1927
Annual Tax Amount $16,950
Lot Size 3,506 Sqft
Acres 0.0805
Property Description
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!
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!
Location
State NY
County Bronx County
Interior
Heating Natural Gas, Radiant
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Other
Utilities Available Trash Collection Public
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Contact Agent
Middle Schools Contact Agent
High Schools Contact Agent
School District Bronx
Others
Special Listing Condition None
Listed by Soler Realty
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