Listing courtesy of Compass
823 East 214th Street, Bronx, (Williamsbridge), NY, 10467
7 rooms
1960
Welcome to 823 E 214th Street, a brick two-family townhouse in the Williamsbridge neighborhood of the Bronx. This two-family house was built in 1960 and has been occupied by the same family for over 2 decades. It is legally certified as a two-family property. The first floor will be delivered vacant and features a spacious 2-bedroom/1-bathroom unit with ample closet space. The second-floor unit has a 3-bedroom/1-bathroom layout and is currently occupied by a tenant. The current tenant is paying below market value and does not have a lease. The large basement has the potential to be combined with the first-floor unit to create an owner's duplex with access to the rear yard, or it could possibly be converted for another use. Conveniently located, this low-rise attached townhouse offers an excellent opportunity for both homeowners and investors. This investment property is perfect for an investor seeking to establish a cash-flowing property in a burgeoning Bronx neighborhood, or for a first-time investor aiming to benefit from having a tenant help cover some expenses, with an approximate proforma of a 7% cap rate.
Status:
Active
Town:
Bronx
Type:
Multi-family
Laundry Remarks:
SeeRemarks
Zoning:
R5
Building Type:
Townhouse
Cooling:
Unknown Type
Levels:
3
Building Access:
Walk-up
Service Level:
None
Built Size:
20'x45'
OLR #:
COMP1592224594980669
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