504 Jackson Avenue

Bronx, NY 10455
$1,200,000
26 beds | 9 baths | #H6129287

Description

CALLING ALL INVESTORS! 8-unit apartment building in Mott Haven, South Bronx. This 4-story building features eight 3-bedroom 1-bath apartments and a finished walk-out basement which can potentially be used as a 9th apartment! 3 units are currently vacant, 2 units are being used by the owner/family and 3 units are currently rented out to rent stabilized tenants. At closing 5 units will be vacant with potential for free market rent. All apartments are railroad-style 3-bedroom. Potential gross operating income of $173,000. Potential net operating income of $128,000 with vacant units rented at market value. HOT NEIGHBORHOOD. This location is a commuter's dream, only blocks away from subway lines #2,5 & 6 with a 20 minute commute to midtown Manhattan. Across the street from St, Mary's park and close to all .

  • Interior Details
    • Beds & Baths
      • Bedrooms:26
      • Bathrooms:9
      • Full Baths:9
  • Property Details
    • Property
      • Lot description:Near Public Transit
    • Measurements
      • Acres:0.06
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:Finished, Full, Walk-Out Access
    • Condition
      • Year built:1931
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • Elementary School:Call Listing Agent
      • Middle School:Call Listing Agent
      • High School:Call Listing Agent
      • County:Bronx
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 300, 000
  • Other
    • Source
      • MLS #:H6129287

Location

Keller Williams LandmarkAsk Vinny Thompson team
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