958 Rev James Polite Ave is a detached 3-family built in 2006. The building is in great condition and running on gas heat. The ground floor is a Three bedroom apartment, rented to a Section 8 tenant for $1,800. The second floor is a vacant Three bedroom apartment in outstanding condition. The third floor is a Two bedroom apartment, rented to a Section 8 tenant for $1600. There are no standing leases in place. This is a high-upside investment opportunity - purchaser would apply for rental increases from Section 8 to comply with market standards and that would result in a significantly increased NOI. Expenses are all reasonable. This is a very solid Real Estate deal for an investor, OR for someone interested in living here and renting out the other units. PLEASE REACH OUT IF INTERESTED.
Off market
Price Unknown
958 Rev James Polite Ave, Bronx, NY 10459
8beds
2,812sqft
MultiFamily
Built in 2006
-- sqft lot
$-- Zestimate®
$--/sqft
$3,135 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas
Cooling
- Central, Wall
Appliances
- Included: Microwave, Range / Oven
Features
- Flooring: Hardwood
- Basement: Partially Finished, Full
- Fireplace features: Propane Stove
Interior area
- Total interior livable area: 2,812 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 1,498 sqft
Details
- Parcel number: B269811
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
Condition
- New Construction
- Year built: 2006
- Major remodel year: 2006
Utilities & green energy
- Electric: Amps(0)
Community & neighborhood
Security
- Security features: Fire Sprinkler System
Location
- Region: Bronx
Other
Other facts
- NewConstructionYN: true
- Heating: Other, Gas, Zoned
- Basement: Partially Finished, Full
- HeatingYN: true
- CoolingYN: true
- Flooring: Hardwood
- RoomsTotal: 14
- Furnished: Unfurnished
- PropertyCondition: New Construction
- PetsAllowed: Yes
- YearBuiltEffective: 2006
- CoveredSpaces: 0
- LandLeaseAmount: 0
- Appliances: Microwave, Oven, Refigerator
- CommunityFeatures: Storage
- Cooling: Wall/Window Unit(s), Zoned
- SecurityFeatures: Fire Sprinkler System
- TaxYear: 2021
- ConstructionMaterials: Brick Siding, Masonry - Brick
- FireplaceFeatures: Propane Stove
- TaxAnnualAmount: 6964
- AvailabilityDate: 2021-09-13
- Electric: Amps(0)
- MlsStatus: Contract
- RoomKitchenFeatures: Open
- ParcelNumber: B269811
- Available date: 09/13/2021