958 Rev James Polite Ave is a detached 3-family built in 2006. The building is in great condition and running on gas heat. The ground floor is a Three bedroom apartment, rented to a Section 8 tenant for $1,800. The second floor is a vacant Three bedroom apartment in outstanding condition. The third floor is a Two bedroom apartment, rented to a Section 8 tenant for $1600. There are no standing leases in place. This is a high-upside investment opportunity - purchaser would apply for rental increases from Section 8 to comply with market standards and that would result in a significantly increased NOI. Expenses are all reasonable. This is a very solid Real Estate deal for an investor, OR for someone interested in living here and renting out the other units. PLEASE REACH OUT IF INTERESTED.
Off market
$897,300
958 Rev James Polite Ave, Bronx, NY 10459
8beds
2,812sqft
MultiFamily
Built in 2006
-- sqft lot
$897,300 Zestimate®
$319/sqft
$3,270 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas
Cooling
- Central, Wall
Appliances
- Included: Microwave, Range / Oven
Features
- Flooring: Hardwood
- Basement: Partially Finished, Full
- Fireplace features: Propane Stove
Interior area
- Total interior livable area: 2,812 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 1,498 sqft
Details
- Parcel number: B269811
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
Condition
- New Construction
- Year built: 2006
- Major remodel year: 2006
Utilities & green energy
- Electric: Amps(0)
Community & neighborhood
Security
- Security features: Fire Sprinkler System
Location
- Region: Bronx
Other
Other facts
- NewConstructionYN: true
- Heating: Other, Gas, Zoned
- Basement: Partially Finished, Full
- HeatingYN: true
- CoolingYN: true
- Flooring: Hardwood
- RoomsTotal: 14
- Furnished: Unfurnished
- PropertyCondition: New Construction
- PetsAllowed: Yes
- YearBuiltEffective: 2006
- CoveredSpaces: 0
- LandLeaseAmount: 0
- Appliances: Microwave, Oven, Refigerator
- CommunityFeatures: Storage
- Cooling: Wall/Window Unit(s), Zoned
- SecurityFeatures: Fire Sprinkler System
- TaxYear: 2021
- ConstructionMaterials: Brick Siding, Masonry - Brick
- FireplaceFeatures: Propane Stove
- TaxAnnualAmount: 6964
- AvailabilityDate: 2021-09-13
- Electric: Amps(0)
- MlsStatus: Contract
- RoomKitchenFeatures: Open
- ParcelNumber: B269811
- Available date: 09/13/2021