$1,100,000
Est. payment /mo
7 Beds
5 Baths
2,874 Sqft Lot
New
831 E 221st ST Bronx, NY 10467
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 951093
Bedrooms 7
Full Baths 5
Rental Info No
Year Built 2001
Annual Tax Amount $9,326
Lot Size 2,874 Sqft
Acres 0.066
Property Sub-Type Triplex
Source onekey2
Property Description
Prime Income-Producing 3-Family Investment Opportunity in a desirable residential section of the Northeast Bronx. This well-maintained asset features two oversized 3-bedroom, 2-bath apartments, each offering approximately 1,300 square feet of living space, plus a 1-bedroom, 1-bath unit, creating an attractive and diversified rental mix.
The property is fully tenant-controlled with separate utilities, including three boilers and three hot water tanks, significantly reducing owner expenses and maximizing net operating income. Two units are occupied by long-term, stable tenants who wish to remain, while the third unit is lease-protected, providing immediate and predictable cash flow.
Additional value is enhanced by a 1-car garage and rear yard access through the garage, offering functional amenities and access to the backyard.
Located in a strong residential neighborhood with convenient access to public transportation, major highways, shopping, and entertainment, this property benefits from consistent rental demand and long-term appreciation potential.
Ideal for investors seeking strong in-place income with upside potential and owner occupants for steady cash flow, in one of the Bronx's established multifamily markets.
PHOTOS COMING SOON!!
The property is fully tenant-controlled with separate utilities, including three boilers and three hot water tanks, significantly reducing owner expenses and maximizing net operating income. Two units are occupied by long-term, stable tenants who wish to remain, while the third unit is lease-protected, providing immediate and predictable cash flow.
Additional value is enhanced by a 1-car garage and rear yard access through the garage, offering functional amenities and access to the backyard.
Located in a strong residential neighborhood with convenient access to public transportation, major highways, shopping, and entertainment, this property benefits from consistent rental demand and long-term appreciation potential.
Ideal for investors seeking strong in-place income with upside potential and owner occupants for steady cash flow, in one of the Bronx's established multifamily markets.
PHOTOS COMING SOON!!
Location
State NY
County Bronx County
Interior
Interior Features Open Floorplan, Primary Bathroom
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 1.0
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected
Garage true
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
Listed by EXIT Realty Private Client • Lynette J. Thomas
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