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Multi Family 2-4 in Bronx County
MLS Number1049290
Address1038 E 224th Street, Bronx, NY 10466 show map
Price$1,100,000 show mortgage calculator
Acres0.062809917355372
Year Built1940
Est. Sq. Footage0
Elementary SchoolContact Agent
Jr High-Middle SchoolCall Listing Agent
High SchoolContact Agent
Estimated Taxes$7,450
Total Apt Units3
Total Bedrooms7
# 1 Brs1
# 2 Brs1
# 4 Brs1
Remarks

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.

Amenities

This listing is Courtesy of EXIT Realty Private Client (914-222-1000).

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