3110 E Tremont Avenue, BRONX

$1,360,000

6 Beds
4 Baths
.06 Acres
0 Garages

Perfect time to own a restaurant and two family in the heart of the vibrant Bronx neighborhood. This mixed-use property showcases a perfect blend of commercial and residential possibilities, offering an exceptional opportunity for owners to build their dream business or bolster their investment portfolio. The ground floor reveals a vast commercial space currently generating $3500 in rent, ideal for a variety of retail or business activities. The high-visibility storefront and heavy foot traffic offer the perfect backdrop for your business, with a potential rental income of up to $4000. Above, discover two available residential units, currently earning $1800 and $1700 for the second and third floors respectively. These well-lit, spaciously laid-out units hold potential for an increased rental income of up to $2500 each, making this property a promising investment for steady rental income - pro income can be 7.3% CAP. Embodying a unique fusion of commercial and residential prospects, this property stands as a lucrative investment in the bustling local rental market. Don't miss out on the chance to capitalize on this dynamic mixed-use opportunity nestled in the sought-after Bronx locale!

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Essential Information
MLS® #3489420
Price$1,360,000
Bedrooms6
Bathrooms4.00
Full Baths4
Acres0.06
Year Built1932
TypeResidential Income
Sub-TypeMulti Family
StyleStore+Dwell
StatusPending
Community Information
Address3110 E Tremont Avenue
CityBRONX
CountyBronx
StateNY
Zip Code10461
Amenities
ParkingOff Street, Other, On Street
Interior
CoolingWall Unit(s)
Has BasementYes
BasementSee Remarks
Heating

Natural Gas, Other, See Remarks, Steam

Exterior
ConstructionBrick
School Information
DistrictBronx 8
MiddleBronx Bridges High School
HighBronx Arena High School
Additional Information
Date ListedJuly 6th, 2023
Days on Market306
ZoningR4-1
Listing Details
Listing Courtesy ofEXP Realty
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Listing information last updated on May 7th, 2024 at 2:35am CDT.