$995,000

763 Jackson Avenue, Bronx, NY 10456

  • 10 beds |
  • 4 baths |
  • 4,113 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon1,607sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $242/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

Welcome to 763 Jackson Ave, an incredible investment opportunity in the vibrant South Bronx. This four-family property boasts a strong 7.8% cap rate and includes an on-site super, making it an ideal income producer. The property features a total annual rent roll of $100,068, with annual expenses of $22,035, leaving an impressive Net Operating Income (NOI) of $78,033.The unit breakdown is as follows:Unit 1: 1 bedroom, 1 bathroom Unit 2: 1 bedroom, 1 bathroomUnit 3: 2 bedrooms, 1 bathroom Unit 4: Spacious 5-bedroom, 1-bathroom unit (can be delivered vacant) Located just a short distance from the 2 and 5 trains, this property provides easy access to public transportation and is less than 20 minutes from Manhattan. It's also close to local shopping centers, adding to the convenience for tenants.Don't miss out on this gem whether you're a seasoned investor or just starting out, 763 Jackson Ave offers exceptional income potential in a prime location!

Listing Status:
Pending
Listing Office:
eXp Realty : 203-832-5598
MLS ID:
H6332638

This listing courtesy of eXp Realty

Monthly Payment

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

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