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About This Home

This 6-bedroom, 5-bathroom residential multi family at 1305 Balcom Avenue in Bronx, NY is listed for $1,395,000. Built in 1999, on a 0.06 acres lot.

Agent Description

Prime block construction with brick veneer, multi-family investment opportunity in the highly desirable Pelham Bay section of the Bronx! This turnkey, income-producing property is ideal for investors seeking strong cash flow or owner-occupants looking to live in one unit while generating rental income.

The property features three well-maintained units: Top Floor: Spacious 3-bedroom, 2-bathroom unit with an open floor plan, hardwood floors, large living area, and private balcony, cathedral ceilings. Second Floor: Bright 3-bedroom, 2-bathroom unit with open layout and private balcony and rear deck to access the back yard First Floor: Studio layout,

perfect for additional rental income Additional highlights include: Solid all-block construction with brick veneer front Three separate gas boilers Four hot water heaters Tenants pay all utilities Strong income potential Conveniently located near shopping, dining, and retail along East Tremont Avenue, with easy access to major highways and public transportation. This is a rare opportunity to own a low-maintenance, high-performing asset in one of the Bronx's most sought-after neighborhoods. can be sold as a package deal

Key Features

  • Built in 1999
  • 0.06 acre lot
  • 2 parking spaces

Property Details

5 full
2 spaces
1999

Amenities

HardwoodA/C

Monthly Cost Estimate

$7,461/mo

20% down · 6.5% · 30 years

Principal$1,009
Interest$6,045
Insurance$407

Estimates only. Actual payments may vary.

Location

1305 Balcom Avenue

Bronx, NY 10461

Features & Amenities

Interior Features

Entrance Foyer

Property Details

Flooring

Hardwood

Construction

Block Brick Vinyl Siding

Parking

GarageDriveway

Heating

Natural GasHot Water(Heating)

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 6-bedroom, 5-bathroom residential multi family at 1305 Balcom Avenue is listed at $1,395,000. The estimated monthly payment is $6,045 based on 20% down at 6.5% interest.

Key features include: Built in 1999, 0.06 acre lot, 2 parking spaces. Interior Features: Entrance Foyer.

This property is listed by Joseph Cosentino and can be reached at 7188811923 or info@morrisparkrealty.com.

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JC

Joseph Cosentino

Agent at Morris Park Realty Group

(718) 881-1923

Listed by Morris Park Realty Group

MLS# 980075· Source: listhub· Updated 8 days ago

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1305 Balcom Avenue, Bronx, NY 10461

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