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About This Home
This 0-bedroom, 0-bathroom residential multi family at 4383 Matilda Avenue in Bronx, NY is listed for $1,555,000. Built in 1930, on a 0.06 acres lot.
Prime Wakefield Investment - 7-Unit Income-Producing Property Near Transit. Exceptional opportunity to own a brick 3-story multifamily building in the Wakefield section of the Bronx-one of the city's strongest and most consistent rental markets. 7 total income-generating units, including: - Five 2-bedroom apartments - One 1-bedroom apartment - Bonu
s 2-bedroom unit in the basement Perfect for investors seeking strong cash flow, portfolio expansion, or owner-occupants looking to offset living costs with rental income. - Gross Rental Income: $169,020 annually - Total Expenses: $58,427.72 - Net Operating Income (NOI): $110,592.28 - Cap Rate: ~7.1% - GRM (Gross Rent Multiplier): ~9.2 Major capital improvements completed (boiler, roof, gas lines, oil tanks).
Just 2 blocks from the Nereid Ave / White Plains Rd station (2 & 5 trains), offering a quick and convenient commute throughout NYC. Surrounded by local shops, restaurants, schools, and public transportation, making it extremely attractive to tenants.
Key Features
- Built in 1930
- 0.06 acre lot
Property Details
Amenities
Monthly Cost Estimate
$8,316/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4383 Matilda Avenue
Bronx, NY 10466
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 4383 Matilda Avenue is listed at $1,555,000. The estimated monthly payment is $6,738 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.06 acre lot. Interior Features: Washer/Dryer Hookup.
This property is listed by Yara Annechiarico and can be reached at 9172955330 or yara@athomewithyara.com.
