924 Rev James Polite Avenue, Bronx, NY, 10459
5 beds
5 Full baths
2005
Triplex
Excellent mixed-use investment opportunity in the South Bronx. This fully occupied property features three residential units and one commercial space, offering strong and consistent income. Based on current rents, the property generates approximately $12,500/month ($155,000 annually), with an estimated NOI of ~$122,289. This supports an approximate 7.5% return at current pricing, with additional upside potential from on-site advertising income. Ideal for investors seeking a turnkey asset with multiple income streams and long-term growth. Low operating expenses, including a favorable tax structure, further enhance the overall return profile. Conveniently located near transportation, shopping, and major thoroughfares, making it attractive for both residential and commercial tenants. All income, expense, and return figures are approximate and should be independently verified.
Status:
Active
Type:
Single-family residential
Units:
4
Heating:
Natural Gas
Cooling:
Wall/Window Unit(s)
Acreage:
0.05
Est. Taxes:
$1,547
Assessment
$582,300
Construction
Brick
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Elementary School:
Urban Scholars Community School
Middle School:
School Of Performing Arts
High School:
Metropolitan High School (The)
School District:
Community District 12
Days on Market:
22
MLS #:
982360
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of eXp Realty LLC - Corporate Office 888-276-0630