Sold

2311 Creston Avenue, Bronx, NY 10468

Beds
6
Baths
3
Sqft
2,232

View property features, location on map, relevant school information and overview from seller's agent.

Listed byReal Broker NY LLC
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Overview

Zoned R8, can be delivered vacant! Currently a fully occupied three family investment opportunity in the heart of Fordham Heights, offering immediate cash flow in a prime Bronx location just one block from the 182nd Street Grand Concourse subway station. This well maintained and recently fully renovated property features three spacious two bedroom, one bathroom apartments, each currently rented at $2,762 per month. All units are occupied with tenants in place, providing consistent income from day one. Tenants are responsible for all utilities, contributing to low operating expenses and strong overall performance. The property also includes a full basement with utility access, offering additional functional space and flexibility. Annual expenses remain low, with taxes at $4,087, water at $2,000, and common electric at $900, further enhancing the investment appeal. With a 7.4% cap rate, this is an ideal opportunity for investors seeking a stabilized, income producing asset in a high demand rental market. A turnkey investment in a highly accessible and desirable Bronx location.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
6
Number of bathrooms
3
Square feet
2,232
Lot size (acres)
0.05
Year built
1901

Interior features

Basement
Yes

Utilities

Heating
Natural gas
Cooling
Wall/window unit(s)
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount
$4,086.92

Public schools

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Sourced from: Onekey MLS MLS®#: 976499 Last checked:

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