Introducing the perfect multi-family investment opportunity offering 3,216 sq. ft. of finished space. The finished walkout basement is 1,032 sq. ft. With 4 bedrooms and 3 bathrooms, this residence provides ample room for versatile living!
Enjoy the elegance of hardwood floors and recessed lighting throughout. The kitchen features essential appliances, including a dishwasher, gas stove, and refrigerator. Step outside to a charming deck and back yard, ideal for relaxation and entertaining.
The finished walkout basement has a guest room/office, recreational room, full bathroom, and summer kitchen making it your ideal entertainment area. The backyard is accessible from the 1st floor unit or the basement. Additional notes: 1 storage shed, efficient baseboard heating, wall units for cooling, and the convenience of a washer and dryer. Street parking is available for added accessibility. There are 3 electric meters, 2 gas meters, 2 boilers, and 2 hot water heaters.
Seize the opportunity to own this terrific investment home!
Sold for $890,000 on 05/06/25
$890,000
1961 Wallace Avenue, Bronx, NY 10462
4beds
3,216sqft
Duplex
Built in 1905
-- sqft lot
$899,400 Zestimate®
$277/sqft
$3,215 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 06, 2025 at 01:32pm
Listed by:
Saulo Espaillat 914-377-5476,
Compass Greater NY, LLC 914-337-0070,
Lorena Espaillat 914-377-5476,
Compass Greater NY, LLC
Bought with:
Al Morrobel, 10301214181
Pantiga Group Inc.
Al Morrobel, 10301214181
Pantiga Group Inc.
Source: OneKey® MLS,MLS#: 834234

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Washer/Dryer Hookup, In Basement
Features
- Granite Counters, Quartz/Quartzite Counters, Recessed Lighting
- Flooring: Hardwood
- Basement: Finished
Interior area
- Total structure area: 3,216
- Total interior livable area: 3,216 sqft
Property
Lot
- Size: 2,375 sqft
Details
- Parcel number: 042600038
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
Condition
- Actual
- New construction: No
- Year built: 1905
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, See Remarks, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Bronx
Other
Other facts
- Listing agreement: Exclusive Right To Sell