4016 E Tremont Avenue, Bronx, NY, 10465
$1,099,000
Multi Family
For Sale
7 Beds
, 3 Full Bath
Details
ML#: 860600
- # of Families: 2
- Year Built: 1974
- Taxes: $8,486
- Status:Active
Description
Approximately 8.5% CAP rate - $8350/month rental income with all great paying tenants(projected rental $10k/month). Buy, hold, collect rent and waiting for appreciation! Solid brick 3-story multi-family building with C2-1 and R3A zoning on a bustling commercial street in the desirable Throgs Neck neighborhood of the Bronx, this property offers excellent exposure, convenience and a fantastic opportunity to capitalize on the thriving Throggs Neck market. . Spacious units with 3-bedroom over 3-bedroom over bonus 2 room unit, high rental income with strong cash flow, garage parking plus lot parking spaces, 4 electricity meters and 2 gas meters, gas heat plus split units A/C system, one unit features a balcony overlooking the backyard—a rare perk for outdoor relaxation and tenant appeal. Money-printing machine with endless upward potential, ideal for investors or live-in owners looking to maximize returns, excellent investment opportunity for stable cash flow and long-term growth, schedule a viewing today to explore its full potential.
More Property Details
Bedroom: 7
Full Bath: 3
Lot Size: 0.0452
Lot Sq Ft: 1967
Garage: Yes
Garage: 1.0
Parking Spaces: Yes
Parking Spaces: 2
Heat: Baseboard
A/C: Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $8,486
Listing Information provided courtesy of
B Square Realty
917-609-8251