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Off market
  • $1,034,000

    1161 Longfellow Ave, Bronx, NY 10459

    8beds
    3,148sqft
    MultiFamily
    Built in 2004
    -- sqft lot
    $1,034,000 Zestimate®
    $328/sqft
    $3,269 Estimated rent

    What's special

    Money maker - solid brick house legal 3-family prime location in Longwood area, $217.4/year extremely low property tax, 9/26/2020 done new roof, well maintained 3b/1b over 3b/1b over 2b/1b over fully finished full basement with 1 full bathroom, built in 2004, 4 electricity meters and 3 gas meters, fenced yard. Close to public transportation including 6 train express and local station, 2 & 5 train stations, easy access to major highways, close to all including restaurants, supermarkets, banks and post office... Rental income: 1st floor 2-bedroom apartment with city-paid tenant for $1700/month; 3rd floor 3-bedroom apartment with city paid tenant for $2000/month; 2nd floor fully renovated 3 bedroom, 1 bathroom apartment, shiny hardwood floor throughout, fresh paint, plenty of nature daylight, good tenants expected to move in soon with monthly rent $2100/month; Basement is expected to bring in more income if utilized as storage, etc. Stable high rental income with easy management and low maintenance cost brought CAP rate to approximately 6.5% (potential 8+%), a must see and a good buy, won't last. Information Is Deemed Reliable But Not Guaranteed. All Information Subject To Buyer's Verification Independently. No Offer Accepted Until Fully Contract of Sale.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Gas
    Cooling
    • Wall
    Appliances
    • Included: Range / Oven, Refrigerator
    Interior area
    • Total interior livable area: 3,148 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Brick
    Lot
    • Size: 2,121 sqft
    Details
    • Parcel number: 027540137

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Bronx

    Other

    Other facts
    • Heating: Natural Gas, Baseboard
    • PropertyType: Residential Income
    • SeniorCommunityYN: 0
    • WaterSource: Public
    • HotWater: Gas Stand Alone
    • Sewer: Public Sewer
    • Cooling: Wall Unit(s)
    • FireplaceYN: 0
    • PoolPrivateYN: 0
    • SpaYN: 0
    Services availability