INCREDIBLE BUY & HOLD OPPORTUNITY IN VAN NEST! This solid brick building offers 6 TOTAL UNITS that can generate additional income. Also includes an extra basement studio for additional space! Some units have been recently renovated with modern finishes, leaving only minor touch-ups needed to fully maximize rents.The property is loaded with UPSIDE POTENTIAL: city has significantly increased the assessed value this year, reflecting the area's growing demand. While there are current violations, the owner is in the middle of a dismissal request to remove all of them - don't let that scare you away from serious CASH FLOW.Ideally situated near Pelham Parkway, the Bronx Zoo, and multiple transit options, this is a perfect long-term hold in a rapidly appreciating neighborhood.Secure this income-producing asset today and ride the wave of Bronx growth!
Listing By
Agency Name: Coldwell Banker American Homes
Agency Contact: 718-206-1340
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 4,068.32 per month $2,225.57 Principal & Interest $1,551.08 Property Tax $291.67 Homeowner's InsuranceColdwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
591 Van Nest Avenue | MLS# 901606
This home located at 591 Van Nest Avenue, Bronx, NY 10460 is currently listed for sale with an asking price of $999,999. This property was built in 1908 and has 11 bedrooms and 6 full baths with 8000 sq. ft. Van Nest Avenue is located within the Bronx 11 school district. Search Bronx real estate on www.coldwellbankerchoice.com today.