1060 Longfellow AVE Active

Bronx,NY 10459

$ 1250000

10 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY815161

Bedrooms 10

Full Baths 4

Originating Board onekey2

Rental Info No

Year Built 1930

Annual Tax Amount $12,841

Lot Size 2,500 Sqft

Acres 0.0574

Property Description

Four-Family in good condition with Expansion Potential
This brick semi-attached four-family home offers a fantastic investment opportunity. Featuring two spacious two-bedroom, one-bath units and two three-bedroom, one-bath units, this property provides comfortable living spaces for its residents. Property is selling with paying tenants.
Key Features:
* Renovated: New floors throughout and new boiler all in good condition.
* Zoned R7: Ideal for developers and future expansion possibilities.
* Building Size: 20 x 81 feet.
* Unused Floor Area Ratio: 5,400 - significant potential for expansion.
* Four Units: Provides consistent rental income with room for improvement to maximize.
Investment Highlights:
* Strong Rental Demand: High occupancy potential due to the desirable unit sizes.
* Development Potential: The R7 zoning and unused floor area ratio allow for potential expansion and increased revenue.
* Prime Location: close to all including transportation and shopping.
Contact us today to schedule a viewing!

Location

State NY

County Bronx County

Rooms

Basement Finished,Full,Storage Space,Walk-Out Access

Interior

Interior Features Other

Heating Baseboard

Cooling None

Fireplace No

Exterior

Utilities Available Electricity Connected,Natural Gas Connected

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Senior Community No

Special Listing Condition None

View More
Favorite Go Tour