Multi Family 2-4 in Bronx County
| MLS Number | 1060708 |
|---|---|
| Address | 1618 Taylor Avenue, Bronx, NY 10460 show map |
| Price | $1,500,000 show mortgage calculator |
| Acres | 0.054522497704316 |
| Year Built | 1927 |
| Est. Sq. Footage | 0 |
| Elementary School | Bedford Park Elementary School |
| Jr High-Middle School | Acad-Personal Ldshp And Excellence |
| High School | Belmont Preparatory High School |
| Estimated Taxes | $15,193 |
| Total Apt Units | 4 |
| Total Bedrooms | 8 |
| # 2 Brs | 1 |
| # 3 Brs | 3 |
Investor opportunity at 1618 Taylor Avenue, Bronx, NY 10460! This fully occupied four-unit multifamily property offers approximately 3,080 square feet of gross building area on a 2,375-square-foot lot. Featuring a mix of 2-bedroom and 3-bedroom apartments, this income-producing asset provides multiple rental income streams. The property generates approximately $172,546 in annual gross rental income, with a reported pro forma net operating income of $133,248. All four units are occupied, with rental income supported in whole or in part by government subsidy programs or agency/organizational lease arrangements, subject to verification. With reported operating expenses of approximately $34,122 annually, this property presents an opportunity for investors seeking a fully occupied multifamily asset with substantial existing income. The property is noted as having fewer than six units and outside rent stabilization, subject to confirmation and applicable laws. Offered exclusively at $1,500,000. Financials, leases, expenses, and rental regulations to be independently verified by the purchaser
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