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4429 Carpenter Avenue

Bronx, NY 10470
  • $1,449,999
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: H6301563
UPDATED: 159 min ago
$1,449,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,375
    SQFT
  • $270
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1927
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

7-unit multifamily, 5.3% cap rate, fully-occupied and well maintained property located in the Bronx, just two blocks from the 2 / 5 train! This income-generating asset offers a stable and lucrative investment with gross income of $143,000 annually. All units are fully occupied and leased ensuring consistent cash flow with the potential for rent increases. **Unit Mix and Rents:** - **Apt. 1:** $1,546.64 - 1 bedroom - **Apt. 2:** $1,577.93 - 1 bedroom - **Apt. 3:** $1,721.74 - 2 bedroom - **Apt. 4:** $1,962.40 - 1 bedroom - **Apt. 5:** $1,968.71 - 2 bedroom - **Apt. 6:** $1,600.00 - 1 bedroom - **Apt. 7:** $1,548.75 - 1 bedroom Key property features include: - **Recent Improvements:** Recently painted hallways, a repointed brick facade, a roof under 10 years old, a newly installed front walkway, and plans for a new intercom system installation. - **Expenses:** Annual expenses total $62,402.46, broken down as electricity ($960), water ($8,000), heating oil ($26,021.90), and property taxes ($27,420.56). - **Stable Tenancy:** With all units currently occupied the property is already income producing. Ideal for anyone seeking a robust investment in a thriving community. Property sold as-is.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Douglas Elliman Real Estate. Data last updated: 2024-07-17T19:18:48.027.
www.searchlongislandrealestate.com/homes/149397415
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4429 Carpenter Avenue Bronx, NY 10470

  • Price: $1,449,999
  • Status: Active
  • On Site: 89 Days
  • Updated: 159 min ago
  • MLS #: H6301563
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,375
SQFT
$270
$/SQFT
1927
Built
Neighborhood:
Bronx
County:
Bronx
Area:
Bronx
Elementary School:
Call Listing Agent
Middle School:
Call Listing Agent
High School:
Call Listing Agent
School District:
City Of New York
Property Description
7-unit multifamily, 5.3% cap rate, fully-occupied and well maintained property located in the Bronx, just two blocks from the 2 / 5 train! This income-generating asset offers a stable and lucrative investment with gross income of $143,000 annually. All units are fully occupied and leased ensuring consistent cash flow with the potential for rent increases. **Unit Mix and Rents:** - **Apt. 1:** $1,546.64 - 1 bedroom - **Apt. 2:** $1,577.93 - 1 bedroom - **Apt. 3:** $1,721.74 - 2 bedroom - **Apt. 4:** $1,962.40 - 1 bedroom - **Apt. 5:** $1,968.71 - 2 bedroom - **Apt. 6:** $1,600.00 - 1 bedroom - **Apt. 7:** $1,548.75 - 1 bedroom Key property features include: - **Recent Improvements:** Recently painted hallways, a repointed brick facade, a roof under 10 years old, a newly installed front walkway, and plans for a new intercom system installation. - **Expenses:** Annual expenses total $62,402.46, broken down as electricity ($960), water ($8,000), heating oil ($26,021.90), and property taxes ($27,420.56). - **Stable Tenancy:** With all units currently occupied the property is already income producing. Ideal for anyone seeking a robust investment in a thriving community. Property sold as-is.
Exterior Features

Attached Garage YN No Parking Features On Street Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Window Unit(s) Cooling YN Yes Heating OilHot Water Hot Water Fuel Oil Stand Alone Number Of1 Bedrooms 5 Number Of2 Bedrooms 2 Number Of3 Bedrooms 0

Property Features

Garbage Removal Public MLSArea Minor 99 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 7 Number Of4 Bedrooms 0 Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 27420 Tax Annual Amount1 27420 Village Bronx Water Source Public

Listing courtesy of Yasin Benzawi of eXp Realty: (888) 276-0630
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Douglas Elliman Real Estate. Data last updated: 2024-07-17T19:18:48.027.
 
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Douglas Elliman Real Estate
1772 E. Jericho Turnpike
Huntington NY, 11747