1104 Forest Avenue is a beautifully upgraded 3 family home in the Southwest Bronx. Numerous developments are happening throughout the area with more than a 60% uptick in new Certificate of Occupancies issued, so this presents a tremendous opportunity to purchase a move-in ready income-producing 3 family home. The setup: 3 bed 2 baths over a 3 bed 2 baths over a 2 bed 1 bath. Private garage, a back porch with an extra deep 77 ft lot that allows for hosting, relaxing, and even escaping the hustle and bustle of living in a city. The building is 20 ft wide and 65 ft deep with nearly 4,000 sq ft, so there's ample space and storage throughout. The building is south facing allowing for maximum sunlight to beam through. Hardwood floors, stainless steel appliances, granite countertops, master bedrooms with private bathrooms, and access to the back yard from two units. It's a quiet street and mostly occupied by homeowners. Rather you're an investor wanting to capture the appreciation happening in the South Bronx or a future home-owner, 1104 Forest Ave pays for itself. The bottom two units will be delivered vacant and the top unit rented at market value ($2,500) to an excellent on-time paying tenant hoping to renew her lease.
Off market
$1,069,200
1104 Forest Ave, Bronx, NY 10456
--beds
0baths
3,912sqft
MultiFamily
Built in 2003
-- sqft lot
$1,069,200 Zestimate®
$273/sqft
$2,255 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Dryer, Washer
Interior area
- Total interior livable area: 3,912 sqft
Property
Parking
- Total spaces: 1
Lot
- Size: 2,800 sqft
Details
- Parcel number: 026610161
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 2003
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Bronx
Other
Other facts
- PropertyType: Residential Income
- SeniorCommunityYN: 0
- WaterSource: Public
- Heating: Forced Air, Electric
- ParkingFeatures: Attached
- HotWater: Gas Stand Alone
- Sewer: Public Sewer
- Village: Bronx
- Cooling: Wall Unit(s)
- RoadResponsibility: Private Maintained Road
- FireplaceYN: 0
- PoolPrivateYN: 0
- SpaYN: 0