$1,400,000

1687 Jerome Avenue, Bronx, NY 10453

  • 4,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon1,873sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $350/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Welcome to 1687 Jerome Avenue, a fully renovated mixed-use property located in the heart of the Bronx. This turn-key investment offers strong income potential with minimal expenses, making it an ideal opportunity for both investors and end-users. The ground floor features a retail storefront currently leased to a CPA on a stable five-year lease. Above the retail space are two newly renovated three-bedroom residential units, both delivered vacant and ready for immediate occupancy. The second-floor unit offers spacious living with modern updates, while the third-floor unit includes a private rear patio, perfect for added outdoor enjoyment. The seller has completed full renovations throughout the building and has separated all heating systems for added efficiency and tenant convenience. With very low property taxes and excellent rental demand in the area, this property presents a rare opportunity to own a well-maintained, income-producing asset in a prime Bronx location.

Listing Status:
Active
Listing Office:
Realty Executives Today : 718-274-2400
MLS ID:
851277
  • A/C: Central Air

This listing courtesy of Realty Executives Today

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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