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1215 Bronx River Avenue, Bronx, NY 10472

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For Sale
Sale Pending

$1,099,000

7 beds • 6 baths

Estimated Payment

$      /mo. †

APR for 30 years

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

  • Over 50 Years Old
    Age

Explore this Property

**Will be delivered Vacant** Unlock the full potential of real estate success with this extraordinary 4 Family set up-a cash-flow masterpiece strategically poised for profitability in every facet. Discover a property with not just size but vision, boasting an expansive lot and incredible R6/M1-1 zoning that sets the stage for a truly one-of-a-kind opportunity. A mere stone's throw away from the Cross Bronx Expressway and Hutchison River Parkway, this income-producing Property offers unparalleled connectivity, ensuring your investment thrives in a high-demand location. This is not merely a property; it's a financial engine. With thoughtfully designed units, each tailored to house spacious layouts, your investment is set to generate robust and consistent income streams. The canvas for your real estate dreams awaits! The massive lot size not only accommodates the existing quadruplex but opens the door to limitless possibilities for expansion and development. The incredible zoning potential of R6/M1-1 empowers you to dream big. Whether it's building upward or exploring diverse uses, this property adapts to your vision, ensuring lasting value and adaptability. Surrounding the property are restaurants, laundromats, banks, and a pharmacy, ensuring your residents experience the epitome of comfort. Additionally, gyms, shops, and bus stops are mere steps away. The main line for the 6 train is within a stone's throw, providing unparalleled access to public transportation and enhancing the property's appeal to potential tenants. Beyond the existing quadruplex configuration, envision the potential for this property to function as more units. Explore the possibilities, whether it's optimizing for increased rental income or catering to varied tenant needs. Seize this colossal opportunity to redefine your real estate portfolio. Whether you're an experienced investor or a visionary looking to make a mark, this 4-family quadruplex offers the perfect blend of immediate returns and future growth potential. Act now and position yourself at the forefront of real estate success!
MLS# L3518822

Courtesy Of Coldwell Banker American Homes

(866) 664-0347

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Colonial
  • Exterior Type
    Block, Brick, Stone
  • Heating System
    Hot Water

Map and Directions

Directions to 1215 Bronx River Avenue, Bronx, NY 10472

Home seller CENTURY 21 Milestone 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 Milestone Realty

(718) 291-7000
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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