635 Commonwealth Avenue, BRONX

$945,000

9 Beds
4 Baths
3,480 Sqft
.1 Acres
1 Garages

This property is back on the Market as of 8/1/2023. Set your attention and heart on this Large and well kept multi-family house for sale. The huge property is a legal 3 family house. The property rest on a quiet block in the clason point section of the Bronx, 10 min walk from the ferry to Manhattan or the 6 train. The property has been well maintained and it's in good condition. This 3 family consist of: First floor apartment : 2 bedroom, 1 bath. Second floor apartment: 3 bedroom, 2 bath. Third floor apartment: 4 bedroom, 1 bath. The current potential Rent Roll for this property is as follows. 4 br: $3600. 3 br: $3200. 2 br: $2400. The current Least maximum potential monthly Rent Roll for this property is: $9200 a month. This property currently has a Potential Max income production of at least $9200 -$10,000 a month, according to NY rental prices. This property pays for itself, with immediate profits, and with an annual increase of the total monthly Rent Roll income stated above, due to periodic annual rent increases. The property is semi detached and has a Shared drive way. This is the best 3 family unit available in the area and We are pricing it fairly to sell at $945,000. Once you get a glimpse of the inside of this well maintained property, you will fall in love. We welcome all qualified buyers and investors to view and submit your best and highest offers. This property was in contract and has been put back on the market as of August 1,2023, this property is in great condition and will require atleast 20 percent down payment if receiving an fha loan to pass self sufficiency test. Because of increasing house prices we will be increasing the price of this property as of April 5, 2024. Now that you have a second opportunity at this great investment property that's in great condition, Call now to secure your sale at this current price, as this Gem will not last on the market long!! Make this exceptionally special house yours.

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Essential Information
MLS® #H6216637
Price$945,000
Bedrooms9
Bathrooms4.00
Full Baths4
Square Footage3,480
Acres0.10
Year Built1940
TypeResidential Income
Sub-TypeMulti Family
StatusActive
Community Information
Address635 Commonwealth Avenue
CityBRONX
CountyBronx
StateNY
Zip Code10473
Amenities
Parking Spaces1
# of Garages1
Is WaterfrontYes
WaterfrontWater Access
Parking

Detached, 1 Car Detached, Private

Interior
Interior FeaturesEat-in Kitchen
HeatingOil, Baseboard, Hot Water
CoolingNone
Has BasementYes
BasementWalk-Out Access
Exterior
Lot DescriptionNear Public Transit
ConstructionBrick
School Information
DistrictBronx 8
ElementaryCall Listing Agent
HighRenaissance High School-Mtt
Middle

Bronx Mathematics Prep Sch (The)

Additional Information
Date ListedOctober 19th, 2022
Days on Market527
Listing Details
Listing Courtesy ofYourHomeSold Guaranteed Realty
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Listing information last updated on March 29th, 2024 at 9:15am CDT.