241 E 173rd Street, Bronx, NY 10457

$949,999 Asking Price

8 beds
3 baths
2,565  sqft
Built in 2008

Calling all investors and homeowners alike! Unique opportunity to own a newer construction, brick 3 family home, built in 2008 and fully rented with the lowest Property tax in the Bronx, only $300 per annum. Tax abatement of 25Yrs still exists, 10years remaining. You are guaranteed a steady cash flow with up-to-date paying tenants. Located directly off Webster Ave., in the Mt. Eden section of the Bronx, and with proximity to the Bronx Lebanon Hospital and all shopping malls and Public transportation, this turnkey 3 family home with very low expenses and very high Cap Rate is your surest investment bet of the year. Boasting a 2 bedroom apartment over 3 bedroom apartment over 3 bedroom apartment. Total of 8 bedrooms, with a projected income of $6,600, as all apartments are currently rented below market value, creating room for additional income. All units enjoy Separate utilities with expansive sun-drenched living/dining areas which provides great space for entertainment. Beautiful chef's granite kitchen equipped with floor to ceiling custom cabinetry, and boasts full-sized stainless appliances. Hurry, call for appointment today!

Features & Amenities

Interior

General:
Master Downstairs
Basement:
None
Flooring:
Hardwood
A/C:
true, Window Unit(s)
Heating:
Natural Gas, Baseboard

Exterior

Style:
Contemporary
Parking:
No Garage

Construction

Windows:
Skylight(s)

Location

Originating MLS:
onekey
School District:
City of New York
County:
Bronx

Lot

Zoning:
02792-0055

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
onekey
Exclusions:
M3 IAW,M4 Commission Modification
Listing Agent Compensation:
0%
Buyers Agent Compensation:
1.5%

This listing courtesy of:
Charles Rutenberg Realty, Inc.

About Bronx, NY

Housing

Number of Units
525,376
Median Home Value
$406,796
Median Rent
$1,107

79.66% of housing units are renter occupied.

4.69% are vacant.

Commute

Car
25.02%
Public Transportation
52.80%
Walk to Work
6.74%
Work from Home
14.45%
Other
0.58%

The median travel time to work is 41 minutes.

People

Population
1,405,186
Median Age
35.50
Median Household Size
2.82

Education

High School
28.62%
Associate’s Degree
7.69%
Bachelor’s Degree
13.10%
Graduate Degree
7.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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