$990,000
1735 Mansion Street
Bronx, NY 10460
6
Beds
3
Baths
—
Square feet
2007
Built
Listing narrative
Description
LEGAL THREE-FAMILY WITH VACANT UNIT Excellent opportunity to own a legal three-family property in the Bronx with strong income The property consists of three spacious 2-bedroom / 1-bath apartments, each separately metered, with the owner responsible for only water and common-area electric. One apartment will be delivered vacant, creating immediate flexibility for an owner-occupant or investor. Current rents are $2,800 and $2,400 for the occupied units. The vacant 2-bedroom apartment is projected to rent for approximately $3,000 per month, bringing current achievable gross income to approximately $8,200 per month ($98,400 annually). At market rents, gross income potential is estimated at approximately $11,000 per month ($132,000 annually). Additional features include a finished basement. Conveniently located near Noble Playground and the 2, 5, and 6 subway lines, providing easy access throughout the Bronx and Manhattan. Ideal for investors or owner-occupants looking to offset their mortgage with rental income.
Property Details
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Price
$990,000
Beds
6 bd
Type
House
Home Size
Sqft n/a
Baths
3
Lot Size
1,011 sqft
Year
2007
Status
For Sale
Days on Market
373
Courtesy of De Luca Realty Group INC





