Exceptional Investment Opportunity - Legal 3-Family Property in the BronxRare opportunity to own a legal 3-family income-producing property in the Bronx, offering strong current rental income, flexible living space, and significant potential for future rental growth.Property Configuration1st Floor + Basement2-bedroom / 2-bathroom apartmentCurrent rent: $2,600/monthFinished basement providing big additional flexible space2nd Floor3-bedroom / 2-bathroom apartmentCurrent rent: $2,600/month3rd Floor3-bedroom / 2-bathroom apartmentCurrent rent: $2,600/monthProperty Taxes: $10,486/yearInsurance: $3,730/yearTotal Property Tax & Insurance: $14,216/yearBelow-Market Rents: Current rents are below estimated market levels, providing meaningful potential for future rental growthTenants pay their own heat and gasProperty HighlightsLegal 3-Family PropertyApproximately 3,471 SF3 units / 8 bedrooms / 6 bathroomsThree full residential floorsFlexible 2-bedroom and 3-bedroom layoutsFinished basement with additional flexible spaceStrong current rental income with significant potential for rent increasesRelatively low property taxes and insurance expensesExcellent opportunity for investors seeking current cash flow and future rental upside
3969 Carpenter Avenue | MLS# 1055934
This multi-family property located at 3969 Carpenter Avenue, Bronx, NY 10466 is currently listed for sale with an asking price of $1,199,000. Carpenter Avenue is located within the Bronx 11 school district. Search Bronx real estate on nicolefernandez.laffey.com today.
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3969 Carpenter Avenue | MLS# 1055934
This multi-family property located at 3969 Carpenter Avenue, Bronx, NY 10466 is currently listed for sale with an asking price of $1,199,000. Carpenter Avenue is located within the Bronx 11 school district. Search Bronx real estate on nicolefernandez.laffey.com today.