Property Address: 1248 E 223rd St, Bronx, NY, 10466-5993
Average square foot calculated using Size range provided by listing agent.
Description
Great Investment Opportunity! Current 9% cap rate with a 10% cap rate potential. Newly built in 2007, all brick semi-attached legal 3 family home with a full unfinished walkout basement. $108000 potential annual income with low expenses. This property features 3 separate boilers and 3 hot water tanks. All apartments offer 3 bedrooms 2 bath open layouts w/ hardwood floors throughout. Driveway parking for 2 or more cars. Property has been well maintained and cared for. 2 vacant apartments, 2nd floor lease expires 12/31/22. Photos digitally staged. Additional Information: AdjustedGOI:108000