Excellent 11-family mid-rise apartment Building located in Morris Heights in Bronx. This Well-kept building features a 2-bedroom and a 1-bedroom unit on the ground fl, two 4-bedroom/1-bathroom units on 1st fl, one 4-bedroom and two 2-bedroom units on 2nd fl, one 4-bedroom and two 2-bedroom units on 3rd fl, and one 4-bedroom and two 2-bedroom units on 4th fl as well. Annual Rental income is around $234K. Tenant occupied, no lease in place. Possible to deliver vacant. Separate meters. Tenants pay their own utilities. Conveniently located near Buses, 7 min walk to Train stations, close to the Harlem River, Shops, Mall, Playground, Library and more.
Type:
Single-family residential
Basement:
Finished, Full, Walk-Out Access
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
1667 Nelson Avenue, Bronx, NY, 10453
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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