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591 Van Nest Avenue Bronx, NY 10460
$1,149,999 $1,099,999
  • For Sale
  • PRICE REDUCED
  • 11 Bedrooms
  • 6 Full Baths
  • 8000 SqFt
  • Year Built 1908
  • Single Family
  • ML# 901606

Property Details

Overview

INCREDIBLE BUY & HOLD OPPORTUNITY IN VAN NEST! This solid brick building offers 6 TOTAL UNITS that can generate additional income. Also includes an extra basement studio for additional space! Some units have been recently renovated with modern finishes, leaving only minor touch-ups needed to fully maximize rents.The property is loaded with UPSIDE POTENTIAL: city has significantly increased the assessed value this year, reflecting the area’s growing demand. While there are current violations, the owner is in the middle of a dismissal request to remove all of them — don’t let that scare you away from serious CASH FLOW.Ideally situated near Pelham Parkway, the Bronx Zoo, and multiple transit options, this is a perfect long-term hold in a rapidly appreciating neighborhood.Secure this income-producing asset today and ride the wave of Bronx growth!

Key Facts

  • SqFt: 8000.00
  • Style: Traditional
  • Lot Size: 0.0545
  • Lot Sq Ft: 2375
  • Taxes: $18,613
  • School District: Ps 105 Sen Abraham Bernstein

Additional Features

  • Construction Materials: Brick
  • Interior Features: 
    Other

Rooms & Floor Plans

  • Bedroom: 11
  • Full Bath: 6
  • Other: 3

Interior & Utilities

  • Heat: Natural Gas, Other
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $18,613
Listing Information provided courtesy of Coldwell Banker American Homes  718-206-1340
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