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
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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