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Multi Family 5+ in Bronx County
MLS Number979535
Address2527 Matthews Avenue, Bronx, NY 10467 show map
Price$1,499,000 show mortgage calculator
Acres0.057392102846648
Year Built1935
Est. Sq. Footage0
Elementary School
Jr High-Middle School
High School
Estimated Taxes$13,116
Total Apt Units5
Remarks

LEGAL 5 FAMILY! Exceptional opportunity in the heart of the Allerton section of the Bronx—this FULLY VACANT, well-maintained 5-Family offers incredible flexibility for both investors and end-users looking to live in one unit while generating strong rental income from the others. The property consists of four 1-Bedroom units and 1-oversized Studio, all in excellent condition with their own separate utilities, keeping operating expenses efficient and straightforward. With updated mechanicals throughout and a dedicated utility area, this is a low-maintenance, income-producing asset ready for immediate occupancy or lease-up. Delivered completely vacant, allowing you to set market rents from day one or customize occupancy to fit your needs. Ideal for an owner-occupant looking to offset living expenses or an investor seeking a stable, cash-flowing property with long-term upside. Located on a quant, tree-lined street just moments from Pelham Parkway, parks, shopping, and public transportation, offering convenience and strong tenant demand. Turnkey condition, flexible use, and rare vacancy—opportunities like this don’t come around often!

Amenities

This listing is Courtesy of DeSimone Real Estate (516-534-2200).

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