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About This Home

This 9-bedroom, 4-bathroom residential multi family at 2753 Wallace Avenue in Bronx, NY is listed for $1,500,000. Built in 1925, on a 0.06 acres lot.

Agent Description

Exceptional Investment opportunity in the heart of the Bronx! 2753 Wallace Avenue is a legal 4 family property delivered fully vacant. with two additional basement apartments, offering significant upside for investors, developers, or end users looking to customize a multi unit asset.

the property is fully gutted and ready for renovation, providing a blank canvas to design and build to your vision. Configured as four legal residential units with two basement units, this property offers the potential for strong rental income once completed.

ideal for investors looking to add value through renovation and maximize returns in a high demand rental market. Conveniently located near public transportation, major highways, shopping, restaurants, schools, and parks. Easy access to manhattanand surrounding boroughs makes this location highly desirable for tenants.

Bring your contractor and architect and unlock the full potential of this rare bronx multi family opportunity. FULLY VACANT!!!!! Gross income with market rents can be as high as 182,928. best of all there are Seperate meters and water tanks for each unit which brings the expenses of the building very low cost.

Key Features

  • Built in 1925
  • 0.06 acre lot

Property Details

4 full
1925

Amenities

A/C

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$438

Estimates only. Actual payments may vary.

Location

2753 Wallace Avenue

Bronx, NY 10467

Features & Amenities

Interior Features

First Floor Bedroom

Property Details

Construction

Brick

Heating

Baseboard

Cooling

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

Questions & Answers

This 9-bedroom, 4-bathroom residential multi family at 2753 Wallace Avenue is listed at $1,500,000. The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.

Key features include: Built in 1925, 0.06 acre lot. Interior Features: First Floor Bedroom.

This property is listed by Bryan Y. Blanco and can be reached at 5512096114 or bryan_blanco@aol.com.

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BB

Bryan Y. Blanco

Agent at eXp Realty

(551) 209-6114

Listed by eXp Realty

MLS# 971282· Source: listhub· Updated 28 days ago

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2753 Wallace Avenue, Bronx, NY 10467

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