1214 Pelham Parkway S, Bronx, NY, 10461
$1,325,000
Multi Family
For Sale
4 Beds
, 3 Full Bath
Details
ML#: 844740
- # of Families: 4
- Year Built: 1949
- Taxes: $23,920
- Status:Active
Description
Bronx Living at its best. An exceptional investment opportunity in the heart of the Bronx. This Legal 3 family detached mixed-use property sits on a generous 39x100 ft lot and offers strong stable rental income with long-term upside. It offers (3) residential units: Two spacious 2-bedroom Apartment, The garden floor units is currently vacant for potential owner occupancy Plus Studio Apt. Street Level Commercial Space currently leased to a well-stablished medical group, Providing reliable cash flow. Positioned on the high-visibility corridor of Pelham Parkway South, this property is ideal for both investor and end users seeking to live and earn. Close to major transportation, shops, Botanical Garden, Bronx Zoo and essential services. Zoning : R4A- Low density residential zoning: The current mix-use configuration is grandfathered in. Buyers should consult an architect or the NYC DOB for any future development or expansion possibilities.
More Property Details
Bedroom: 4
Full Bath: 3
Lot Size: 0.1435
Lot Sq Ft: 6250
Garage: Yes
Garage: 1.0
Heat: Natural Gas
A/C: Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $23,920
Listing Information provided courtesy of
In Motion Realty Group Inc.
718-684-1260