Welcome to 1858 Phelan Place in the Morris Heights section of The Bronx. One Great Investment Opportunity to own this Legal 2 Family Home, Solid brick fully detached with a above ground full finished walkout basement with tons of potential, 2 car garage with common driveway. 4 electric meters, 4 gas meters, rear fire escape already setup for an easier process for a conversion to 3 to 5 units. The first floor unit features 3 Bedrooms 1.5 Bath of gorgeous spacious living with high ceilings, beautiful natural hardwood floors, great natural sunlight, spacious renovated kitchen with custom cabinets, granite counter tops, renovated bathrooms, large bedrooms, tons of closet space, private access, The 2nd Floor unit offers 4 Bedrooms 1.5 Baths apartment of very spacious living, The walkout basement offers a above ground 2 Bedroom , 1 full bath, in addition a studio with a 1 full bath, also a finished attic space setup loft/studio with 1 full bath. Tons of great potential this property is offering. Conveniently located steps away from MTA subway lines #4, B, D, Metro north, multiple bus lines, shopping hubs, Fordham University, Bronx Community College, Monroe College, Lehman College, Minutes from Manhattan and major highways.