Multi Family 2-4 in Bronx County
| MLS Number | 1049290 |
|---|---|
| Address | 1038 E 224th Street, Bronx, NY 10466 show map |
| Price | $1,100,000 show mortgage calculator |
| Acres | 0.062809917355372 |
| Year Built | 1940 |
| Est. Sq. Footage | 0 |
| Elementary School | Contact Agent |
| Jr High-Middle School | Call Listing Agent |
| High School | Contact Agent |
| Estimated Taxes | $7,450 |
| Total Apt Units | 3 |
| Total Bedrooms | 7 |
| # 1 Brs | 1 |
| # 2 Brs | 1 |
| # 4 Brs | 1 |
Prime 3-Family Cash-Flow Investment Opportunity in Wakefield Positioned in the vibrant Bronx neighborhood of Wakefield, 1038 East 224th Street is a versatile 3-family property designed to maximize rental yields. Whether you are looking to expand your portfolio or live in one unit while collecting substantial rent from the others, this property delivers the ideal layout and location. The home features three spacious units—a generous 4-bedroom unit, a comfortable 2-bedroom unit, and an efficient 1-bedroom unit—allowing for a diverse tenant base and minimized vacancy risk. The lower level includes a convenient walk-out unit, perfect for additional storage, recreational space, or utility access. All units were fully renovated prior to renting. Situated "close to all," residents enjoy easy access to local retail, public transportation (including nearby subway lines and bus routes), schools, and neighborhood parks—ensuring consistently high tenant demand.
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