136 E 176th St, Bronx, NY 10453

Large Two Family, semi-attached, home for sale in the Bronx, which also presents a significant development opportunity. This property offers a unique blend of immediate rental income and substantial potential for future growth. Key features of the property include: * **GROSS ANNUAL RENT:** The property currently generates $96,000 in gross annual rent, which can be verified through bank statements, providing a solid income stream from day one. * **OCCUPANCY** It can be delivered vacant at a higher price, offering flexibility for an owner-user or new tenants, or you can choose to retain the current tenants (Rents can be verified through bank statements) if you prefer a seamless transition. * **ZONING:** The R-8 zoning classification offers excellent potential for future development, allowing for significant expansion in a highly desirable and growing area of the Bronx. * **DIMENSIONS:** The building size is 18.5x46, and the lot size is 22x100, providing a substantial footprint for various possibilities. * **LOCATION:** The property is conveniently located near the B, D, and 4 train lines, offering excellent public transportation access for residents. * **CURRENT HOUSE LAUOUT:** The second floor and the attic floor are mother and daughter apartments with a full 3-bedroom apartment in the attic, and a full 2-bedroom apartment on the second floor. The first floor is currently configured as a spacious 1-bedroom apartment, and the basement includes an additional 1-bedroom apartment. * **PROPERTY TAXES:** Current annual property taxes are $2,418, which is a favorable amount for a property of this size and potential. This property is a fantastic opportunity for investors or developers looking for a strong return and significant upside. Please don't hesitate to call me for more details or to schedule a viewing.