HUGE 8,820 SF Well-Maintained 8 Family Building Selling for an 8.95x GRM and 6.88% CAP RATE in Belmont area of Bronx by Saint Barnabas Hospital (only blocks to Fordham University and B, D & 4 subway line) offers (5) 3 Brms, (3) 4 Brms over Basement Workshop/Storage and Boiler Room. Many Improvements over the years: NEW Gas Main Risers throughout, Dual Boiler offers option to burn Gas or Oil, (2) 75 Gallon Hot Water Heaters, Upgraded Main Electrical Service with Meters and Electrical Lines Throughout Building and Apartments, Front Entry Door, Intercom System, 24 Hour Video Security Surveillance System and Mostly All Apartments have been Renovated at vacancy turnover. EXCELLENT CASH FLOW = $ 189,887 GROSS INCOME less $67,134 EXPENSES for $116,989 NET ANNUAL INCOME!!! Listed To Sell FAST $1,700,000 FIRM!!!
H6293979
Residential - Multi-Family, Other
27
9 Full
1910
Bronx
0.06
Acres
Public
Block,Brick,Stone
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Bike Score
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