Listed by South Bronx Commercial Real Estate
$2,500,000
629 Morris Park Ave
Details
Property Type Multifamily
Sub Type Apartment Building
Units 3
Cap Rate 6.00%
Class B
Lot Size (SqFt) 4,733
Zoning M1
2 Houses multi-unit for sale - large garden in between houses
Marketing description
Located in little yemen, this property includes two houses totaling about 4,400 sf with three rental units. The 4,733 sf lot is zoned m1, allowing for potential industrial use or continued residential income. Conveniently near the bronx river parkway, i-95, and the 180th street subway. Features a shared garden between the houses and close access to nearby retail.
Investment highlights
- Located in Little Yemen
- Easy access to I-95 and Bronx River Parkway
- Large garden in between houses
- Short walk to 180 Street Subway
- Near many retail stores
- Located on wide street
- Price: $2.5mm
- Units: 2 units in front house, 1 unit + separate basement in back house
- Taxes: $6,95
- 2 houses + garden
- Tenants paying below market rent, no leases
- Uses oil heating
- Potential industrial use
Listing Contacts
Listed by South Bronx Commercial Real Estate
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