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635 Commonwealth Avenue
Bronx, New York
$945,000 Price
9 Bedrooms  
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Photo 1 of 635 Commonwealth Avenue, Bronx, New York, $945,000, Web #: 6216637Previous PhotoNext Photo1 of 16

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...

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: $4000. 3 br: $3600. 2 br: $2400. ( vacant ) The current Least maximum potential monthly Rent Roll for this property is: $9600 a month. This property currently has a Potential Max income production of at least $9600 -$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. The 2 bedroom apartment will be delivered vacant, the 3 and 4 bedroom units will be sold with the present tenants. The rent roll has been stated above. 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 ownership at this current price. This Gem will not last on the market long!! Make this exceptionally special house yours.

Listing courtesy of Yourhomesold Guaranteed Realty

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Bronx, New York
Type:
Price: $945,000
Web ID: 6216637

Info & Amenities

Bedrooms: 9
Bathrooms: 4.0
Built: 1940

Map of Area for 635 Commonwealth Avenue

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