5
See all 5 photos
$1,175,000
Est. payment /mo
6 Beds
3 Baths
2,208 Sqft Lot
Active
2311 Creston AVE Bronx, NY 10468
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 976499
Bedrooms 6
Full Baths 3
Rental Info No
Year Built 1901
Annual Tax Amount $4,086
Lot Size 2,208 Sqft
Acres 0.0507
Property Sub-Type Triplex
Source onekey2
Property Description
Introducing a fully occupied three family investment opportunity in the heart of Fordham Heights, offering immediate cash flow in a prime Bronx location just one block from the 182nd Street Grand Concourse subway station. This well maintained and recently fully renovated property features three spacious two bedroom, one bathroom apartments, each currently rented at $2,762 per month. All units are occupied with tenants in place, providing consistent income from day one. Tenants are responsible for all utilities, contributing to low operating expenses and strong overall performance. The property also includes a full basement with utility access, offering additional functional space and flexibility. Annual expenses remain low, with taxes at $4,087, water at $2,000, and common electric at $900, further enhancing the investment appeal. With a 7.4% cap rate, this is an ideal opportunity for investors seeking a stabilized, income producing asset in a high demand rental market. Zoned R8, the property also offers long term upside potential for future development or expansion. A turnkey investment in a highly accessible and desirable Bronx location.
Location
State NY
County Bronx County
Rooms
Basement Full, Storage Space
Interior
Interior Features Open Floorplan, Storage
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Garage false
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Bronx
School District Bronx
Others
Senior Community No
Special Listing Condition None
Listed by Real Broker NY LLC • Shpresa Camaj
NEARBY SCHOOL & BUSINESS
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