2248 Bassford Avenue
Bronx, New York
$1,700,000 Price
27 Bedrooms  

HUGE 8,820 SF Well-Maintained 8 Family Building Selling for an 8.95x GRM and 6.88% CAP RATE in Belmont area of Bronx by Saint Barnabas Hospital (only blocks to Fordham University and B, D & 4 subway line) offers (5) 3 Brms, (3) 4 Brms over Basement Workshop/Storage and Boiler...

HUGE 8,820 SF Well-Maintained 8 Family Building Selling for an 8.95x GRM and 6.88% CAP RATE in Belmont area of Bronx by Saint Barnabas Hospital (only blocks to Fordham University and B, D & 4 subway line) offers (5) 3 Brms, (3) 4 Brms over Basement Workshop/Storage and Boiler Room. Many Improvements over the years: NEW Gas Main Risers throughout, Dual Boiler offers option to burn Gas or Oil, (2) 75 Gallon Hot Water Heaters, Upgraded Main Electrical Service with Meters and Electrical Lines Throughout Building and Apartments, Front Entry Door, Intercom System, 24 Hour Video Security Surveillance System and Mostly All Apartments have been Renovated at vacancy turnover. EXCELLENT CASH FLOW = $ 189,887 GROSS INCOME less $67,134 EXPENSES for $116,989 NET ANNUAL INCOME!!! Listed To Sell FAST $1,700,000 FIRM!!!

Listing courtesy of Exp Realty

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Bronx, New York
Type:
Price: $1,700,000
Web ID: 6293979

Info & Amenities

Bedrooms: 27
Bathrooms: 9.0
Built: 1910

Map of Area for 2248 Bassford Avenue