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Archived over 3 years ago

$895,000

8+ bd 3 ba 3000 sqft

229B West Tremont Ave, Bronx, NY 10453

Residential Triplex Occupied Off MLS

Current Rent **

$5,950

Projected Rent **

$6,400

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $1,850
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 1000 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes
Unit 2 Details
  • Current Rent: $2,100
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 1000 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes
Unit 3 Details
  • Current Rent: $2,000
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 1000 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes

PENDING - 3 Family Off Market in Bronx!

OPEN HOUSE - SUNDAY Jan 9, 2022 1pm-3pm
THE ONLY OPEN HOUSE before listing with my broker!!! No other individual viewings unless after its listed. Come see and make an offer BEFORE it's no longer direct to seller!

Click link for more pictures and detailed financial info:
https://drive.google.com/drive/folders/1U53PF_6cs1mqtKZAjaM_bxYcta2qMr1P?usp=sharing

Off Market Deal
Contact Nicole @646-732-7043 for more info if interested

Perfect way to get started in multifamily or grow your portfolio with a solid investment.

The Bronx is blowing up - Roberto Clemente State Park and Jerome Ave Corridor Rezoning are experiencing $100's of Millions in development... New Citibike stand right across the street and new bike lanes right on Tremont in front of the house - area improvements are already happening!

➡️ Rent roll $75,000
➡️ Taxes $6,950
➡️ Built 2007 - Very well Maintained
➡️ Large gated driveway can fit 3-4 cars
➡️ Close to major highways, GWB and MetroNorth
➡️ All Separate Electric Meters - Tenants pay own heat and hot water
This house is perfect for an individual or couple to live in the 2 bedroom apartment and live almost rent free - even with only 3.5% down payment with FHA

Over the years I have compiled a reliable crew including maintenance guys, contractors, realtor who finds the best tenants, mortgage broker with access to best loans to get you approved... everyone one you need to purchase and operate it effectively.

Location:

229B West Tremont Ave, Bronx, NY 10453

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.