Exceptional Investment Opportunity!

Presenting a rare opportunity to acquire a well-maintained, newly renovated 3-family property located in a prime area of the Bronx. This property features three fully-occupied units, each leased to tenants with City FHEPS vouchers, ensuring a guaranteed income. The tenants pay for their own utilities, further minimizing your expenses. With a 7.4 % Cap Rate and zoning R8, this investment provides excellent potential for long-term returns. The building's annual expenses are under $11,000, offering an efficient and cost-effective ownership experience. The property also features a finished basement, providing additional storage or potential for other uses.

Key Features: 3 Family Property – Each unit is currently occupied with reliable tenants. City FHEPS Vouchers – Guaranteed income with tenants paying their own utilities. Zoning R8 – Offers potential for future development or expansion. 7.4 % Cap Rate – Attractive investment return. Low Annual Expenses – Less than $11,000 for the year. Finished Basement – Added space for additional storage or other uses. Newly Renovated – Recently updated with modern finishes. This property is ideal for investors looking for a hands-off, cash-flowing asset in a growing neighborhood. Please note, the property cannot be delivered vacant.

For more information or to schedule a viewing, including video walkthroughs, contact us today