635 Commonwealth Avenue

Bronx, NY 10473

About this property

This property is back on the Market as of 8/1/2023. Set your attention and heart on this Large and well kept multi-family house for sale. The huge property is a legal 3 family house. The property rest on a quiet block in the clason point section of the Bronx, 10 min walk from the ferry to Manhattan or the 6 train. The property has been well maintained and it's in good condition. This 3 family consist of: First floor apartment : 2 bedroom, 1 bath. Second floor apartment: 3 bedroom, 2 bath. Third floor apartment: 4 bedroom, 1 bath. The current potential Rent Roll for this property is as follows. 4 br: $3600. 3 br: $3200. 2 br: $2400. The current Least maximum potential monthly Rent Roll for this property is: $9200 a month. This property currently has a Potential Max income production of at least $9200 -$10,000 a month, according to NY rental prices. This property pays for itself, with immediate profits, and with an annual increase of the total monthly Rent Roll income stated above, due to periodic annual rent increases. The property is semi detached and has a Shared drive way. This is the best 3 family unit available in the area and We are pricing it fairly to sell at $945,000. Once you get a glimpse of the inside of this well maintained property, you will fall in love. We welcome all qualified buyers and investors to view and submit your best and highest offers. This property was in contract and has been put back on the market as of August 1,2023, this property is in great condition and will require atleast 20 percent down payment if receiving an fha loan to pass self sufficiency test. Because of increasing house prices we will be increasing the price of this property as of April 5, 2024. Now that you have a second opportunity at this great investment property that's in great condition, Call now to secure your sale at this current price, as this Gem will not last on the market long!! Make this exceptionally special house yours.

Features and Additional Information

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$945,000 Active
3,480 SQFT

Presented By Smitchger Realty

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Area Information

| Bronx County |

$ 945,000
This listing is play_arrow 64.3% higher than the average in the area
$ 575,000 in the area
3,480 SqFt
This listing is play_arrow 54.7% larger than the average in the area
2,250 SqFt in the area
$ 272 $/SqFt
This listing is play_arrow 6.3% more than the average in the area
$ 256 $/SqFt in the area
581 days on site
This listing is play_arrow 1251.2% above the average in the area
43 days on site in the area

Schools in the Area

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    Elementary School
    Call Listing Agent
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    Middle School
    Bronx Mathematics Prep Sch (The)
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    High School
    Renaissance High School-Mtt

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Listed By Isaac Buapim
Brokerage: YourHomeSold Guaranteed Realty

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