Renovated 3-Family Brick Home in Prime Hunts Point – Income-Producing & Low MaintenanceWelcome to 1321 Lafayette Ave, a solid brick semi-detached 3-family home offering over 3, 100 sq ft of fully upgraded living space. This is a turnkey investment opportunity in one of the Bronx’s most rapidly developing neighborhoods.The layout includes a spacious 3-bedroom, 2-bath duplex and two 2-bedroom, 1-bath units. All units are currently occupied by reliable tenants, delivering immediate income. The property is being sold as-is, offering a seamless transition for investors.The property brings in $8250 while the expenses are close to $2000.CAP RATE= 6.25%Extensive renovations have already been completed, including a newer roof, updated gas boiler, new windows, plumbing, heating system, and water heater. With all major systems updated, this is a low-maintenance property with strong long-term value.Additional highlights include a private fenced backyard, large multi-car driveway, and R6 zoning—providing future development potential. Annual property taxes are under $8, 000, maximizing your return.Conveniently located near the 6 train, major bus lines, I-95, and the Bronx River Parkway, this property offers excellent access to transit, schools, and local amenities.Whether you’re expanding your portfolio or seeking a hands-off investment with upside, this property delivers immediate cash flow, long-term appreciation, and minimal upkeep.Opportunities like this are rare. Don’t miss it.
Full Bath: 3
Lot Size: 0.0666 Lot Sq Ft: 2900 Parking Spaces: Yes Parking Facilities: Driveway
Heat: Natural Gas, Other A/C: Wall/Window Unit(s) Water: Public Sewer: Public Sewer
Taxes: $7,879
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