2248 Bassford Avenue, BRONX

$1,700,000

27 Beds
9 Baths
8,820 Sqft
.06 Acres
0 Garages

HUGE 8,820 SF Well-Maintained 8 Family Building Selling for an 8.95x GRM and 6.88% CAP RATE in Belmont area of Bronx by Saint Barnabas Hospital (only blocks to Fordham University and B, D & 4 subway line) offers (5) 3 Brms, (3) 4 Brms over Basement Workshop/Storage and Boiler Room. Many Improvements over the years: NEW Gas Main Risers throughout, Dual Boiler offers option to burn Gas or Oil, (2) 75 Gallon Hot Water Heaters, Upgraded Main Electrical Service with Meters and Electrical Lines Throughout Building and Apartments, Front Entry Door, Intercom System, 24 Hour Video Security Surveillance System and Mostly All Apartments have been Renovated at vacancy turnover. EXCELLENT CASH FLOW = $ 189,887 GROSS INCOME less $67,134 EXPENSES for $116,989 NET ANNUAL INCOME!!! Listed To Sell FAST $1,700,000 FIRM!!!

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Essential Information
MLS® #H6293979
Price$1,700,000
Bedrooms27
Bathrooms9.00
Full Baths9
Square Footage8,820
Acres0.06
Year Built1910
TypeResidential Income
Sub-TypeMulti Family
StatusActive
Community Information
Address2248 Bassford Avenue
CityBRONX
CountyBronx
StateNY
Zip Code10457
Amenities
ParkingOn Street
Interior
CoolingNone
Has BasementYes
BasementFull, See Remarks
Heating

Natural Gas, Oil, Other, Hot Water

Exterior
ConstructionBlock, Brick, Stone
School Information
DistrictCity of New York
ElementaryCall Listing Agent
MiddleCall Listing Agent
HighCall Listing Agent
Additional Information
Date ListedMarch 8th, 2024
Days on Market55
Listing Details
Listing Courtesy ofeXp Realty
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Listing information last updated on May 2nd, 2024 at 6:55pm CDT.