4429 Carpenter Avenue Bronx, NY 10470

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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.