Bronx, NY 10461,3110 E Tremont AVE

$1,278,000

$1,360,000

6.0%
Est.Price: ?

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Est. payment /mo

6 Beds

4 Baths


SOLD DATE : 06/09/2024

Key Details

Sold Price $1,278,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID KEYL3489420

Sold Date 06/09/24

Style Other

Bedrooms 6

Full Baths 4

HOA Y/N No

Originating Board onekey2

Rental Info No

Year Built 1932

Annual Tax Amount $16,412

Lot Dimensions 25x105.58

Property Sub-Type Duplex

Property Description

Perfect time to own a restaurant and two family in the heart of the vibrant Bronx neighborhood. This mixed-use property showcases a perfect blend of commercial and residential possibilities, offering an exceptional opportunity for owners to build their dream business or bolster their investment portfolio. The ground floor reveals a vast commercial space currently generating $3500 in rent, ideal for a variety of retail or business activities. The high-visibility storefront and heavy foot traffic offer the perfect backdrop for your business, with a potential rental income of up to $4000. Above, discover two available residential units, currently earning $1800 and $1700 for the second and third floors respectively. These well-lit, spaciously laid-out units hold potential for an increased rental income of up to $2500 each, making this property a promising investment for steady rental income - pro income can be 7.3% CAP. Embodying a unique fusion of commercial and residential prospects, this property stands as a lucrative investment in the bustling local rental market. Don't miss out on the chance to capitalize on this dynamic mixed-use opportunity nestled in the sought-after Bronx locale!

Location

State NY

County Bronx County

Rooms

Basement See Remarks

Interior

Heating Natural Gas, Other, See Remarks, Steam

Cooling Wall Unit(s)

Fireplace No

Exterior

Parking Features Off Street, On Street, Other

Amenities Available Park

Private Pool No

Building

Lot Description Near Public Transit, Near School, Near Shops

Water Public

Level or Stories Three Or More

Structure Type Brick

New Construction No

Schools

Middle Schools Bronx Bridges High School

High Schools Bronx Arena High School

School District Bronx 8

Others

Senior Community No

Special Listing Condition None

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Listed by EXP Realty
Bought with B Square Realty Inc
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495 New Rochelle Rd, Bronxville, NY, 10708, USA

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