Prime Bronx Investment Opportunity - Legal 5-Family + Commercial Storefront + Additional 1-Family PropertyRare opportunity to acquire a legal 5-family income-producing property with a commercial storefront, plus a separate 1-family property (937B) situated on the same lot. The combined properties offer an attractive mix of residential and commercial income with significant investment potential.The property currently generates approximately $13,000 per month in gross income, while annual property taxes are approximately $12,000, providing a compelling income-to-expense profile. The commercial storefront adds valuable flexibility and potential for additional upside.Ideal for investors seeking a multi-family asset with multiple income streams, or an owner-user looking to maximize the property's long-term potential. The property's legal 5-family configuration, commercial component, and additional 1-family structure make this a unique offering in the Bronx market.Motivated seller - all reasonable offers will be considered. Excellent opportunity for an investor looking to acquire a substantial income-producing property with room for future growth.Showings by appointment. Buyer to independently verify all information, including legal use, zoning, income, taxes, and property dimensions.
Listing By
Agency Name: Keller Williams Realty NYC Grp
Agency Contact: 718-697-6800
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell 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.
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937 E Gun Hill Road | MLS# 1042431
This commercial property located at 937 E Gun Hill Road , Bronx, NY 10469 is currently listed for sale with an asking price of $1,999,999. E Gun Hill Road is located within the Contact Agent school district. Search Bronx real estate on www.coldwellbankerchoice.com today.