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Multi Family 2-4 in Bronx County
MLS Number1060708
Address1618 Taylor Avenue, Bronx, NY 10460 show map
Price$1,500,000 show mortgage calculator
Acres0.054522497704316
Year Built1927
Est. Sq. Footage0
Elementary SchoolBedford Park Elementary School
Jr High-Middle SchoolAcad-Personal Ldshp And Excellence
High SchoolBelmont Preparatory High School
Estimated Taxes$15,193
Total Apt Units4
Total Bedrooms8
# 2 Brs1
# 3 Brs3
Remarks

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

Amenities

This listing is Courtesy of HomeSmart Homes & Estates (914-236-5500).

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