1591 Metropolitan Ave APT 4D, Bronx, NY 10462

Investment Opportunity! Generate rental income from the start by purchasing this one-bedroom Parkchester North unit with a Section 8 lease in place. The current tenant has been there for 12 years with a solid payment history on top of the government's monthly deposit. Current lease runs through 2/28/17. The current monthly rent is $1,090 ($800/$290); that is a monthly net of $628. Tenant pays electric and gas. This Seller has paid the Parkchester assessment in full; just about any other unit will be paying off that assessment until 2037. Full J-51 tax abatement info available. Start or expand your investment portfolio with this unit. Application fee = $150.