Bronx Value-Add 4-Family Brick Investment Property. High market-rate potential rent roll. Bonus ROI by finishing 1,722 SF high-ceiling open unfinished basement with 2 points of egress. Three renovated 2BR units + one 1BR unit delivered vacant. Tenants are fantastic, low maintenance with no leases. Some Upgrades also include: New roof, skylight, and 3-year-old oil heating system. Prime Location: Safe & quiet block. Close to major highways, Walk to Pelham Bay Subway, buses, and shopping.
Type:
Single-family residential
Basement:
Full, See Remarks, Storage Space, Unfinished, Walk-Out Access
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Elementary School:
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Middle School:
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High School:
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School District:
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1821 Parkview Avenue, Bronx, NY, 10461
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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