5930 Spencer Ave, Bronx, NY 10471
5 Unit Apartment Building | $1,699,000 ($339,800/Unit) | 6.51% Cap Rate | Bronx, NY 10471
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,699,000
- Property Type
-
Multifamily
- Square Feet
- 3,780 SF
Listing Contacts
Steven Saljanin
Verified Profile
- Property Info
Property Overview
Discover an exceptional investment opportunity in the Bronx with this legal 5-family building, featuring a fully detached brick two-story building with a basement on a corner lot. Totally 3780 SQFT. Property offers 5 free market two bedroom units, detached two-car garage, driveway, and dedicated storage space. Updated mechanics approximately 10 years old, 6 gas and electric meters, and meticulous maintenance ensure efficiency and ease of management. Perfect for investors, 4 of its 5 units will be delivered vacant. Located in a prime residential area close to amenities and transportation, this well-maintained property presents a rare chance for strong rental income and long-term appreciation. Contact me to schedule a private showing and seize this investment opportunity today.
Property Details
- Class
- C
- Year Built
- 1928
- Stories
- 2
- Lot Size (sq. ft)
- 3,049 SF
- Units
- 5
Highlights
- 5-family building
- Fully detached brick two-story building with a basement on a corner lot.
- Property offers 5 free market two bedroom units, detached two-car garage, driveway, and dedicated storage space.
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