719 E 242nd Street, Bronx, New York, United States, 10470
1,350,000
for Sale
6
3
2,500
About the property:
Prime Investment Opportunity on the Bronx/Mount Vernon Border! This legal 4-family property delivers strong immediate cash flow with incredible value-add potential. The layout features three spacious 2-bedroom apartments and one 1-bedroom apartment, complemented by a bonus basement unit. Currently producing impressive rental income with existing rents at $2,885, $2,997, and $2,750. The building offers immediate flexibility for either an owner-occupant or an investor looking to capitalize on market-rate upside with 1 vacant unit ready for custom delivery or fresh tenancy. Ideally situated just steps from the Mount Vernon line and a short walk to the 2/5 subway lines, offering seamless commuting options into Manhattan. High demand location, steady returns, and major growth potential make this turnkey multi-family a standout addition to any portfolio!
- Property Type:
- Quadruplex
- Status:
- for Sale
- House Style:
- Other
- Bedrooms:
- 6
- Bathrooms:
- 3
- Full Bathrooms:
- 3
- Acres:
- 0.0574
- Square Feet:
- 3460
- Central A/C:
- Yes
- Central A C Details:
- Wall/Window Unit(s)
- Water:
- Public
- Heating:
- Natural Gas
- Interior Features:
- First Floor Bedroom, First Floor Full Bath
- Sewer:
- Public Sewer
- Association Fee:
- 0
- Is Basement:
- Yes
- Is Apartment:
- Yes
- Is Investment:
- Yes
- Is Investment Opportunity:
- Yes
- Annual Property Taxes:
- 15,903.08
- Listing ID:
- 1047740
Rooms
Dimensions
Brokered by:
Keller Williams Realty Group
Presented By: