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2248 Bassford Avenue
Bronx, NY 10457
Residential Multi Family (N/A)
0.06 Acres
8820 Sqft Living Area
27 Bedrooms
9 Bathrooms (9 Full, 0 Half)
Year Built: 1910
$1,700,000
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Property Description
HUGE 8,820 SF Well-Maintained 8 Family Building Selling for an 8.94x GRM and 6.9% CAP RATE in Belmont area of Bronx by Saint Barnabas Hospital (only blocks to Fordham University and B, D & 4 subway line) offers (5) 3 Brms, (3) 4 Brms over Basement Workshop/Storage and Boiler Room. Many Improvements over the years: NEW Gas Main Risers throughout, Dual Boiler offers option to burn Gas or Oil, (2) 75 Gallon Hot Water Heaters, Upgraded Main Electrical Service with Meters and Electrical Lines Throughout Building and Apartments, Front Entry Door, Intercom System, 24 Hour Video Security Surveillance System and Mostly All Apartments have been Renovated at vacancy turnover. EXCELLENT CASH FLOW = $ 189,887 GROSS INCOME less $67,134 EXPENSES for $117,265 NET ANNUAL INCOME!!! Listed To Sell $1,700,000 NEG!!!
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Contact Details
Name: Luis A. Morales Jr
Email: Luis@BronxLiving.com
MLS Listing Id: H6293979
Agent Phone: (646) 337-7284
List Agent License:
Office Name: eXp Realty
Office Phone: (888) 276-0630
Office MLS Id: EXPRLT
Listing Status: Active
Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
