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Multi Family 2-4 in Bronx County
MLS Number970547
Address587 E 178th Street, Bronx, NY 10457 show map
Price$1,288,888 show mortgage calculator
Acres0.030831037649219
Year Built2010
Est. Sq. Footage0
Elementary School
Jr High-Middle School
High School
Estimated Taxes$1,680
Total Apt Units3
Total Bedrooms6
# 2 Brs3

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Remarks

Turnkey income-producing three-family property located at 587 E 178th Street in the Bronx. Constructed in 2010 and carefully maintained, this contemporary building offers a low-maintenance investment opportunity. The property includes three well-sized 2-bedroom, 1-bathroom apartments with high ceilings and clean, well-preserved interiors. Each apartment has its own individually metered boiler and water heater, allowing for better control of operating costs. The building also features storage rooms that are currently leased, creating additional rental income. Zoned R7-1 and benefiting from a tax abatement through 2036, the property provides stabilized rental income while helping reduce overall expenses. The building is equipped with a full sprinkler system, has no HPD or DOB violations, and all documentation is current. Situated in a busy residential area with easy access to public transportation, shopping, schools, and major roadways, the location continues to attract strong tenant demand, making this property a valuable long-term investment opportunity in the Bronx.

Amenities

This listing is Courtesy of Call It Home Realty LLC ().

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