1. New York
  2. Bronx
  3. 62 Buchanan Place
$1,200,000

62 Buchanan Place, Bronx, NY 10453

  • 10 beds |
  • 4 baths |
  • 3,000 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon2,444sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $400/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Turn-Key 2-Family Investment Opportunity in University Heights – Fully Renovated & Cash-Flowing Welcome to 62 Buchanan Place, a beautifully renovated 2-family brick home with R7B zoning, located in the thriving University Heights section of the Bronx. This is a prime opportunity for both investors and end-users seeking strong rental income and future development potential. The entire property has been fully renovated from top to bottom, featuring modern finishes, updated systems, and thoughtful layouts throughout. Property Breakdown: First Floor: A spacious 3-bedroom, 1-bath apartment with an open-concept layout currently operated as a daycare business. Tenant pays $3,600 cash, not on a lease, offering flexibility for new ownership. Second Floor Duplex: A sleek and modern 4-bedroom, 1-bathroom duplex apartment featuring open-concept living/dining space and contemporary finishes. Section 8 HPD tenant in place, generating $3,800/month. Ground Floor (Basement): A well-maintained 3-bedroom, 1-bathroom unit currently occupied by a cash-paying tenant at $2,600/month. With a total monthly income of $10,000, this property is not only fully renovated but also fully occupied, making it an ideal turn-key investment. Zoned R7B, it also holds potential for future development or expansion. Located close to public transportation, schools, parks, and major roadways, this property blends immediate cash flow with long-term upside. Don’t miss out on this rare Bronx multi-family gem—schedule your private tour today!

Listing Status:
Active
Listing Office:
Keller Williams Realty Group : 914-713-3270
MLS ID:
876454
  • General: First Floor BedroomFirst Floor Full BathHigh CeilingsOpen Floorplan
  • Basement: FinishedFullWalk-Out Access
  • Flooring: HardwoodVinyl
  • A/C: Central Air
  • Heating: Baseboard

This listing courtesy of Keller Williams Realty Group

Monthly Payment

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

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Location

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#880299 - WW Realty Group Inc