869 Elsmere Place, New York, NY, 10460, New York, NY, 10460

New York, NY
$850,000
🛏️ 9 Bedrooms
🛁 7.0 Bathrooms
📅 Built 2006

Property Description

Investment opportunity knocks ! This young legal 3 family home is located at Tremont section of the Bronx. It consists of 3 units of three bedroom two bathroom apartment plus high ceiling unfinished basement with half bathroom. This well maintain home features new kitchens and upgraded bathrooms, hard wood floor throughout, fire sprinkler system, 3 set of gas boilers and hot water heaters, etc... Close to shops, restaurants, schools and major highway, 10 minutes walk to 2 & 5 train West Farm station. The property is fully occupied and sold with 3 tenants. Current annual income is over $75K. Remaining 11 years 421A tax abatement benefit until 2032. Add this cash cow with 9% income CAP rate to your real estate portfolio before it's gone. Call today to schedule your private viewing.

Property Details

Year Built
2,006
Property Sub Type
Quadruplex
Bathrooms (Full)
7
Interior Features
High Ceilings
Cooling System
None
Heating System
Baseboard
Flooring Type
Wood
Public Remarks
Investment opportunity knocks ! This young legal 3 family home is located at Tremont section of the Bronx. It consists of 3 units of three bedroom two bathroom apartment plus high ceiling unfinished basement with half bathroom. This well maintain home features new kitchens and upgraded bathrooms, hard wood floor throughout, fire sprinkler system, 3 set of gas boilers and hot water heaters, etc... Close to shops, restaurants, schools and major highway, 10 minutes walk to 2 & 5 train West Farm station. The property is fully occupied and sold with 3 tenants. Current annual income is over $75K. Remaining 11 years 421A tax abatement benefit until 2032. Add this cash cow with 9% income CAP rate to your real estate portfolio before it's gone. Call today to schedule your private viewing.
New Construction
No
Lot Size (Acres)
0 acres
Lot Size (Square Feet)
1,942
Parking Total
2
Construction Materials
Brick
Utilities Available
Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, See Remarks, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
Water Source
Public
Sewer System
Public Sewer
Waterfront
No
Association
No
Horse Property
No
Private Pool
No

MLS Information

Listed by: Han Tang Realty Inc. - Alex S. Huang
MLS ID: KEY820951
Last Updated: April 17, 2025
Source: onekey2

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Email: shah@bestamericanhomes.com
Address: 1561 N Central Ave, Valley Stream, NY 11580