INCREDIBLE BUY & HOLD OPPORTUNITY IN VAN NEST! This solid brick building offers 6 TOTAL UNITS that can generate additional income. Also includes an extra basement studio for additional space! Some units have been recently renovated with modern finishes, leaving only minor touch-ups needed to fully maximize rents.The property is loaded with UPSIDE POTENTIAL: city has significantly increased the assessed value this year, reflecting the area's growing demand. While there are current violations, the owner is in the middle of a dismissal request to remove all of them - don't let that scare you away from serious CASH FLOW.Ideally situated near Pelham Parkway, the Bronx Zoo, and multiple transit options, this is a perfect long-term hold in a rapidly appreciating neighborhood.Secure this income-producing asset today and ride the wave of Bronx growth!
Estimated Payment
$ 6,899.29 per month $5,056.54 Principal & Interest $1,551.08 Property Tax $291.67 Homeowner's InsuranceListing By
Agency Name: Coldwell Banker American Homes
Shown By
Agent Name: Linda Kyan
Agent Phone: (212) 518-3080
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591 Van Nest Avenue | MLS# 901606
This home located at 591 Van Nest Avenue, Bronx, NY 10460 is currently listed for sale by Coldwell Banker American Homes, with an asking price of $999,999. This property was built in 1908 and has 11 bedrooms and 6 full baths with 8000 sq. ft. Van Nest Avenue is located within the Bronx 11 school district. Search Bronx real estate on lindakyan.cbamhomes.com today.