2308 Morris Ave, The Bronx, NY 10468

Beds
9
Baths
3
Sqft
2,910

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Listed byLocqube New York, Inc.
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Overview

Welcome to 2308 Morris Avenue, a beautifully maintained three-unit building located in the heart of Fordham Heights, just steps from the vibrant Little Italy dining district of the Bronx. This exceptional property features three spacious 3-bedroom apartments, each thoughtfully designed with hardwood flooring, high vaulted ceilings, and abundant natural light. Every unit offers updated kitchens with walnut cabinetry and white appliances, spacious bathrooms with bathtubs, and ample closet space in each bedroom. The building also includes an updated intercom system, security cameras throughout, an on-site laundry room, additional storage space available for rent, and a serene common backyard with a private garden area—perfect for relaxing or entertaining. Each tenant pays for their own utilities, ensuring a low-maintenance, high-efficiency investment. The property also includes a finished walk-out basement, offering flexible use options or additional income potential. With R8 zoning, the property presents valuable future development opportunities, making it ideal for investors or end-users looking to maximize long-term value. Perfectly situated, 2308 Morris Avenue is surrounded by some of the Bronx’s most beloved destinations. It’s within walking distance to the Fordham Metro-North Station and the 182nd–183rd Street and Fordham Road B/D train lines, providing a seamless 30-minute commute to Manhattan. Nearby, you’ll find an abundance of local conveniences and culinary favorites in Little Italy, including Antonio’s Trattoria, Zero Otto Nove, Roberto’s, Enzo’s, and Gio’s Pastry Shop—each offering a taste of authentic Bronx charm. Outdoor landmarks such as the Bronx Zoo and New York Botanical Garden are also just minutes away, adding to the area’s unique appeal. This property can be potentially be delivered vacant at closing, offering versatility for both investors and owner-occupants (currently only one unit is occupied). With a potential net operating income of $110,187 and an asking price of $1,299,999, 2308 Morris Avenue delivers a strong ~8.5% cap rate, combining immediate cash flow with development potential in one of the Bronx’s most dynamic and rapidly evolving neighborhoods.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
9
Number of bathrooms
3
Square feet
2,910
Lot size (acres)
0.05
Year built
1901

Interior features

Basement
Yes, Finished
Laundry
Common Area

Utilities

Heating
Other, Baseboard
Cooling
Wall/window unit(s)
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$5,166.67

Public schools

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Sourced from: Onekey MLS MLS®#: 994249 Last checked:

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