$ 1,500,000
1119 Morris AVE Bronx, NY 10456
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$ 1,500,000
Est. payment | /mo
13 Beds
9 Baths
6,401 SqFt
$ 1,500,000
Est. payment | /mo
13 Beds
9 Baths
6,401 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,401 sqft
Price per Sqft $234
MLS Listing ID H6332951
Bedrooms 13
Full Baths 9
Originating Board onekey
Rental Info No
Year Built 1927
Annual Tax Amount $16,950
Lot Size 3,484 Sqft
Acres 0.08
Property Description
PLEASE EMAIL OFFERS TO MSOLER@SOLERREALTYNYC.COM This expansive 5-family building, located in the Bronx, boasts over 6,000 square feet of living space, featuring three 3-bedroom units and two 2-bedroom units. With a projected Cap Rate of 10%, this property is an ideal investment opportunity, especially once fully renovated. Plus, it will be delivered vacant, giving you full control over upgrades and tenant selection. There's additional potential to convert the units into more bedrooms, maximizing rental income given the property's large size. Conveniently located just a short walk from the B & D trains, this building is perfect for commuters and presents significant upside for investors. Don't miss this chance to make a great return!
Location
State NY
County Bronx
Interior
Heating Natural Gas, Hot Water
Cooling Window Unit(s)
Fireplace No
Exterior
Garage Other
Parking Type Other
Garage false
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Call Listing Agent
Middle Schools Call Listing Agent
High Schools Call Listing Agent
School District City Of New York
Others
Senior Community No
Special Listing Condition None
Listed by Soler Realty • 917-710-3528
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Peter Sisca
Agent | License ID: 10401364161, 2298786