Calling all investors! Add this beautiful brick building, only 10 years old to your portfolio. This property has 8 units and is attached to 2536 Holland which is also being sold separately totaling 16 units. Both properties are very well maintained & clean. Basement offers a large separate room that you can generate more income utilizing as storage units, laundry room. Current rents are below market and are currently being negotiated with the City of New York, We expect rent to be $1500-$1700 per month for the one bedrooms and $1300-$1500 per month for the studio. The seller has also filed litigation with NYC for a tax abatement, but will not be a sale contingency. This building is centrally located to the bus, stores and railroad. The tenants pay Heat, gas and electric. The projected rent for each of the two buildings will be approximately 146k and current expenses for each of the two buildings are approximately $56K including taxes, utilities, insurance and maintenance.
Based on the average sale price from the Ridgefield, CT office
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Default based on a 30-year fixed rate of 3.25% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
2538 Holland Avenue BRONX, NY is a Single Family Home for sale at $1650000 with 5499 sqft and a lot size of 2,614 SqFt Acre(s). 2538 Holland Avenue BRONX has 7 bedrooms, 8 baths and was built in 2011. The property's zip code is 10467 which is in BRONX, NY
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.