2248 Bassford Avenue Bronx, NY 10457
HUGE 8, 820 SF Well-Maintained 8 Family Building Selling for an 8.95x GRM and 6.88% CAP RATE in Belmont area of Bronx by Saint Barnabas Hospital (only blocks to Fordham University and B, D & 4 subway line) offers (5) 3 Brms, (3) 4 Brms over Basement Workshop/Storage and Boiler Room. Many Improvements over the years: NEW Gas Main Risers throughout, Dual Boiler offers option to burn Gas or Oil, (2) 75 Gallon Hot Water Heaters, Upgraded Main Electrical Service with Meters and Electrical Lines Throughout Building and Apartments, Front Entry Door, Intercom System, 24 Hour Video Security Surveillance System and Mostly All Apartments have been Renovated at vacancy turnover. EXCELLENT CASH FLOW = $ 189, 887 GROSS INCOME less $67, 134 EXPENSES for $116, 989 NET ANNUAL INCOME!!! Listed To Sell FAST $1, 700, 000 FIRM!!!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyBronx
- Taxes$16,762
- HOA/Condo/Coop Fees$0
- Days on Site74 Days
- MLS StatusActive
- MLS ID NumberH6293979
- Home Size Source N/A
- Year Built1910
- Lot Size0.06 Acres
- Full Baths9
- Partial BathsN/A
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Learn MoreRecent Activity For 2248 Bassford Avenue Bronx, NY 10457
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General Features
- Construction BlockBrickStone
- Parking On Street
- Sewer Public Sewer
- Basement FullSee Remarks
- Acreage 0.06
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 0
- Attached Garage No
Interior Features
- Cooling None
- Heating Natural GasOilOtherHot Water
Community Features
- Senior Community No