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Multi Family 5+ in Bronx County
MLS Number887804
Address591 Van Nest Avenue, Bronx, NY 10460 show map
Price$1,249,999 show mortgage calculator
Acres0.054522497704316
Year Built1908
Est. Sq. Footage0
Elementary SchoolPs 105 Sen Abraham Bernstein
Jr High-Middle SchoolBronx Park Middle School
High SchoolCollegiate Inst For Math & Sci
Estimated Taxes$18,613
Total Apt Units6
Remarks

INCREDIBLE BUY & HOLD OPPORTUNITY IN VAN NEST! This solid brick building offers 6 TOTAL UNITS that can generate additional income. Also includes an extra basement studio for additional space! Some units have been recently renovated with modern finishes, leaving only minor touch-ups needed to fully maximize rents. The property is loaded with UPSIDE POTENTIAL: city has significantly increased the assessed value this year, reflecting the area’s growing demand. While there are current violations, savvy investors know these can be cleared with a straightforward dismissal request — don’t let that scare you away from serious CASH FLOW. Ideally situated near Pelham Parkway, the Bronx Zoo, and multiple transit options, this is a perfect long-term hold in a rapidly appreciating neighborhood. Secure this income-producing asset today and ride the wave of Bronx growth!

Amenities

This listing is Courtesy of Coldwell Banker American Homes (718-206-1340).

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