4429 Carpenter Avenue , Bronx, NY 10470
Bronx, NY 10470
Description
The adjacent property fully gutted/uninhabited just sold for 1.4m! 7-unit multifamily, fully-occupied and well maintained property located in the Bronx, just two blocks from the 2 / 5 train! This income-generating asset offers a stable and lucrative investment with gross income of $143,000 annually! All units are fully occupied and leased ensuring consistent cash flow with the potential for rent increases. **Unit Mix and Rents:** - **Apt. 1:** $1,546.64 - 1 bedroom - **Apt. 2:** $1,577.93 - 1 bedroom - **Apt. 3:** $1,721.74 - 2 bedroom - **Apt. 4:** $1,962.40 - 1 bedroom - **Apt. 5:** $1,968.71 - 2 bedroom - **Apt. 6:** $1,600.00 - 1 bedroom - **Apt. 7:** $1,548.75 - 1 bedroom Key property features include: - **Recent Improvements:** Recently painted hallways, a repointed brick facade, a roof under 10 years old, a newly installed front walkway, and plans for a new intercom system installation. - **Expenses:** Annual expenses total $62,402.46, broken down as electricity ($960), water ($8,000), heating oil ($26,021.90), and property taxes ($27,420.56). - **Stable Tenancy:** With all units currently occupied the property is already income producing. Ideal for anyone seeking a robust investment in a thriving community. Property sold as-is.
Details
| MLS# | H6301563 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 150 |
| Listing Provided By | eXp Realty | Yasin Benzawi |
Features
| SQ Feet | 5,375 |
|---|---|
| Units | 7 |
Market Activity 10470
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Learn More About This Property
| State | NY |
|---|---|
| County | Bronx |
| City | Bronx |
| Zip Code | 10470 |
| Subarea | 99 |
| School District | Call Listing Agent |
| Elementary School | Call Listing Agent |
| Middle School | Call Listing Agent |
| High School | Call Listing Agent |
| Listing VS Median (in 10470) | |
Price: $1,449,999 low | high Med: $239,500 SqFt: 5,375 low | high Med: 1,007 $ / SqFt: $270 low | high Med: $241 On Site: 150 low | high Med: 98.000000 | |