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Property Description

Welcome to this exceptional legal 3-family home, ideally situated for both investors and developers. This property offers a unique opportunity for those seeking a luxurious residence with high rental income potential or for developers looking to maximize their investment. Each of the three spacious units features 4-bedrooms and 1-bathroom, perfect for generating rental income or accommodating multi-generational living arrangements. The interior boasts charming hardwood floors and bright, airy living rooms. The windowed kitchens are equipped with modern amenities, including dishwashers and updated stainless steel appliances. The property also features a spacious backyard, ideal for outdoor entertaining, and a full basement with a walkout and shared laundry room. The City of Yes initiative presents a rare opportunity to potentially increase rent roll with the spacious walk-out basement. Tenants are responsible for electric and gas utilities. Located near vibrant Morris Avenue, the neighborhood offers easy access to trendy restaurants, cafes, local shops, parks, and convenient transportation options. Don’t miss this incredible opportunity to own a multi-family home in a sought-after location. Whether you’re an investor seeking strong returns or a developer ready to unlock this property’s full potential, this property is not to be missed.

Features
Heating System:
Natural Gas
Cooling System:
Wall/window Unit(s)
Basement:
Finished, Walk-out Access
Flooring:
Hardwood
Interior Features:
Eat-in Kitchen
Sewer:
Public Sewer
Utilities:
Natural Gas Available, Electricity Available
Address Map
City:
NY
State:
NY
County:
Bronx County
Property and Construction
Development Status:
Brick
Agent MlsId:
31362
Office MlsId:
PANTGR
Number Of Units:
3
Special Listing Conditions:
No
Tax Annual Amount:
$5,320
Water Source:
Public
PhotosCount:
41

Residential Income For Sale

1037 College Avenue, New York, NY

12 Bedrooms
3 Bathrooms
$1,499,999
Listing ID #830738
Basic Details
Property Type :
Residential Income
Property SubType :
Triplex
Listing ID :
830738
Price :
$1,499,999
Bedrooms :
12
Bathrooms :
3
Bathrooms Total :
3
Building Area :
3,708 Sqft
Year Built :
1920
Status :
Active
Status :
Active
Listing Office :
Pantiga Group Inc.
Listing Agent :
Jeffrie Pena
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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