Listing Courtesy of: Yali Ruan - New Group Realty Inc 718-255-9100
$4,200,000 affordable loan icon Calculate Payment

Ave Bronx, NY 10461

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Mixed Use Residence
Beds
Baths
Sq. Ft.
0.23 Acre Lot

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Last updated on 11/5/2024 8:31 PM
**Prime Investment Opportunity in the Heart of Bronx** Discover an exceptional investment opportunity at 1110 Lydig Ave, Bronx, NY 10461. This meticulously maintained building offers a rare chance to own a lucrative multi-unit property in a highly sought-after Bronx neighborhood. **Property Highli...ghts:** - **Ideal Configuration:** Featuring 14 spacious one-bedroom units and 1 generous two-bedroom unit, this building caters to diverse rental demographics, ensuring steady income potential for investors. - **Parking Convenience:** Enhance tenant satisfaction with the convenience of a large parking garage capable of accommodating 17 cars. This sought-after amenity adds significant value to the property and sets it apart from others in the area. - **Quality Construction:** Constructed with durable hard brick, this building exudes timeless appeal and requires minimal maintenance. Each unit boasts hardwood floors, adding a touch of elegance and warmth to the living spaces. - **Spacious Units:** Enjoy generous living spaces ranging from 650 to 700 square feet in each one-bedroom unit, providing residents with ample room to relax and entertain. - **Desirable Location:** Nestled in a thriving neighborhood of the Bronx, residents benefit from easy access to local amenities, including shops, restaurants, parks, and public transportation options. Experience the vibrancy and charm of Bronx living at its finest. **Investment Potential:** - **Stable Income Stream:** With a mix of well-appointed units and convenient parking facilities, this property offers investors a reliable source of rental income with potential for future appreciation. - **Opportunity for Expansion:** Explore opportunities to enhance the property's value through strategic upgrades or the addition of amenities, maximizing its appeal to tenants and investors alike. **Don't miss out on this rare chance to acquire a prime income-generating property in one of the Bronx's most desirable neighborhoods. ** Continue reading
MLS#
3588194
Property Type
Mixed Use
Year Built
1952
Lot Size
0.23
Sewer
Public Sewer

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Listing Courtesy of: Yali Ruan - New Group Realty Inc 718-255-9100
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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