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1119 Morris Avenue, Bronx, NY, 10456 $1,500,000

Multi Family Commercial , 6401 SqFt 

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Details ML#: H6332951  

  • # of Families: 5
  • Sale or Rent:Sale
  • Year Built: 1927
  • Taxes: $16,950
  • Status:Active

Description

PLEASE EMAIL OFFERS TO MSOLER@SOLERREALTYNYC.COM This expansive 5-family building, located in the Bronx, boasts over 6, 000 square feet of living space, featuring three 3-bedroom units and two 2-bedroom units. With a projected Cap Rate of 10%, this property is an ideal investment opportunity, especially once fully renovated. Plus, it will be delivered vacant, giving you full control over upgrades and tenant selection. There’s additional potential to convert the units into more bedrooms, maximizing rental income given the property’s large size. Conveniently located just a short walk from the B & D trains, this building is perfect for commuters and presents significant upside for investors. Don’t miss this chance to make a great return!

More Property Details

Room Information

Bedroom: 13   Full Bath: 9  

Property Features

Lot Size: 0.0805   Lot Sq Ft: 3507   Approx. Int. Sq. Ft.: 6401.00   Parking Spaces: Yes   Parking Facilities: Other  

Appliances & Utilities

Heat: Natural Gas, Radiant   A/C: Wall/Window Unit(s)   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $16,950  

Local Area Information

School District#: 999   School District: Bronx  

Listing Information provided courtesy of Soler Realty  917-710-3528
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