Calling All Investors, Landlords, and Renters Aspiring to be Owners. Come See this Rare Opportunity to Purchase this Bronx Multi Family with 1- 3 Family House and a Separate 1 Family House. Updates Include Electrical Meters and Panels, Some Windows, Siding on Rear House, Updated Bathrooms, House does need some TLC but this property is priced to sell and provides Instant Equity and a Double Digit Cap Rate opportunity. This property comes with air rights for additional stories/units to be added. Currently a Total of 10 Bedrooms, 4 bathrooms, and 4 Rental Units within Two separate dwellings! Perfect location close to Public Transportation, Freeman St. Train Station,Shopping and More! Inquire Today for details and private viewings!
Basement:
Finished, Full, Walk-Out Access
Parking:
Private, On Street
Construction
Frame, Vinyl Siding
Middle School:
Accion Academy
High School:
Bronx Regional High School
School District:
Community District 12
Appliances:
Microwave, Oven, Refrigerator
1285 Hoe Avenue, Bronx, NY, 10459
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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