Prime block construction with brick veneer, multi-family investment opportunity in the highly desirable Pelham Bay section of the Bronx!This turnkey, income-producing property is ideal for investors seeking strong cash flow or owner-occupants looking to live in one unit while generating rental income.The property features three well-maintained units:Top Floor: Spacious 3-bedroom, 2-bathroom unit with an open floor plan, hardwood floors, large living area, and private balcony, cathedral ceilings. Second Floor: Bright 3-bedroom, 2-bathroom unit with open layout and private balcony and rear deck to access the back yardFirst Floor: Studio layout, perfect for additional rental incomeAdditional highlights include:Solid all-block construction with brick veneer front Three separate gas boilersFour hot water heatersTenants pay all utilitiesStrong income potentialConveniently located near shopping, dining, and retail along East Tremont Avenue, with easy access to major highways and public transportation.This is a rare opportunity to own a low-maintenance, high-performing asset in one of the Bronx's most sought-after neighborhoods. can be sold as a package deal
Estimated Payment
$ 8,275.25 per month $7,053.88 Principal & Interest $814.50 Property Tax $406.88 Homeowner's InsuranceListing By
Agency Name: Morris Park Realty Group
Agency Contact: 718-881-1923
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
1305 Balcom Avenue | MLS# 980075
This multi-family property located at 1305 Balcom Avenue, Bronx, NY 10461 is currently listed for sale with an asking price of $1,395,000. Search Bronx real estate on www.cbamhomes.com today.