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136 East 176th Street, Bronx, NY 10453

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For Sale

$925,000

6 beds4 baths2,553 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $362.32
    Price per square foot

  • Basement
    Rooms

Explore this Property

Large Two Family, semi-attached, home for sale in the Bronx, which also presents a significant development opportunity. This property offers a unique blend of immediate rental income and substantial potential for future growth. Key features of the property include: * **GROSS ANNUAL RENT:** The property currently generates $96,000 in gross annual rent, which can be verified through bank statements, providing a solid income stream from day one. * **OCCUPANCY** It can be delivered vacant at a higher price, offering flexibility for an owner-user or new tenants, or you can choose to retain the current tenants (Rents can be verified through bank statements) if you prefer a seamless transition. * **ZONING:** The R-8 zoning classification offers excellent potential for future development, allowing for significant expansion in a highly desirable and growing area of the Bronx. * **DIMENSIONS:** The building size is 18.5x46, and the lot size is 22x100, providing a substantial footprint for various possibilities. * **LOCATION:** The property is conveniently located near the B, D, and 4 train lines, offering excellent public transportation access for residents. * **CURRENT HOUSE LAUOUT:** The second floor and the attic floor are mother and daughter apartments with a full 3-bedroom apartment in the attic, and a full 2-bedroom apartment on the second floor. The first floor is currently configured as a spacious 1-bedroom apartment, and the basement includes an additional 1-bedroom apartment. * **PROPERTY TAXES:** Current annual property taxes are $2,418, which is a favorable amount for a property of this size and potential. This property is a fantastic opportunity for investors or developers looking for a strong return and significant upside. Please don't hesitate to call me for more details or to schedule a viewing.
MLS# 11531823

Courtesy Of STATE POINT REALTY LLC

(718) 584-1000

Property Features

  • Architecture Style
    Other
  • Rooms
    Basement, Kitchen

Map and Directions

Directions to 136 East 176th Street, Bronx, NY 10453
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Home seller CENTURY 21 Future Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Future Homes Realty

(718) 863-0055
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