Well-maintained five-story brick corner building in the Bronx featuring 11 units, all currently rented. Each apartment unit features 3 bedrooms and 1 full bathroom. The property offers approximately 14,000 square feet of building area situated on a 40 x 100 lot. Renovated interiors feature updated kitchens with stainless steel appliances, floor-to-ceiling tiled bathrooms, and hardwood floors throughout. Units are individually metered for gas. Heat is landlord-controlled and supplied by oil. The property features a boiler system and two electric hot water tanks. Property currently generates over $15,000 per month in rental income with an 8.89% cap rate. Convenient Bronx location with access to transportation, shopping, and neighborhood amenities.
Estimated Payment
$ 11,809.84 per month $6,573.51 Principal & Interest $4,857.17 Property Tax $379.17 Homeowner's InsuranceListing By
Agency Name: 5 Boro Realty Corp
Agency Contact: 917-763-0331
Shown By
Agent Name: Michael McCarthy
Agent Phone: (516) 293-2323
Agency Title: Coldwell Banker American Homes
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1226 Evergreen Avenue | MLS# 1046657
This home located at 1226 Evergreen Avenue, Bronx, NY 10472 is currently listed for sale with an asking price of $1,300,000. This property was built in 1913 and has 33 bedrooms and 11 full baths with 14900 sq. ft. Evergreen Avenue is located within the Bronx 8 school district. Search Bronx real estate on michaelmccarthy.cbamhomes.com today.