153 W 175th Street, Bronx, NY, 10453 | $875,000

Ideal Two-Family Layout: Currently configured as a spacious 2-family residence, this property offers two separate units with ample space. The upper unit features 2 bedrooms and 1 bathroom, while the lower unit boasts an identical layout. Additionally, there is a studio unit, presenting multiple income-generating possibilities. 2. Rental Income Potential: With one long-term tenant already in place, paying $2, 150 per month, you'll have an immediate return on your investment. The other unit has the potential to bring in an additional $2, 200 per month, enhancing your cash flow and profitability. 3. Impeccable Condition: This property is in exceptional condition, having undergone recent renovations to ensure a comfortable and attractive living space for tenants. Minimal maintenance means more time for you to enjoy the benefits of your investment. 4. Ample Square Footage: With a generous 3, 000 square feet of space, there's plenty of room for your tenants to spread out and enjoy their living areas. 5. Outdoor Amenities: The rear deck and backyard access on the first floor provide a perfect outdoor retreat for residents to relax, entertain, or enjoy a barbecue. The outdoor spaces enhance the overall appeal of this property. 6. Convenient Parking: The property includes parking space for 2 cars in the front yard, ensuring your tenants have a hassle-free parking experience. Location: Situated in a desirable location, this property offers easy access to nearby amenities, schools, transportation, etc. Its prime location adds to its investment value and marketability. Don't miss this golden opportunity to secure a sound real estate investment with excellent cash flow potential. Whether you're an experienced investor or a newcomer to the market, this property offers an enticing blend of stability and growth potential. Explore the endless possibilities that this 2-family property can offer to your real estate portfolio. Invest wisely, invest in your future!

Features

  • Rooms: 18
  • Bedrooms: 4
  • Baths: 3 full
  • Units: 2
  • Style: Other
  • Year Built: 1993
  • Garage: 2-car Private, Detached, 2 Car Detached, Off Street
  • Heating: Natural Gas, Electric
  • Basement: Crawl Space
  • Acreage: 0.05
  • Est. Taxes: $5,959
  • Lot Desc: Level, Near Public Transit
  • Elem. School: Ps 109 Sedgwick,Ps 199 Shakespeare School (The),Ps 204 Morris Heights
  • Middle School: Is 117 Joseph H Wade
  • High School: Academy For Language And Technology
  • School District: Bronx 9
  • Appliances: Microwave, Oven, Refrigerator
  • MLS#: 3504562
  • Days on Market: 242 days
  • Website: https://www.raveis.com
    /prop/3504562/153w175thstreet_bronx_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of 5 Boro Realty Corp   Phone: 855-305-3325

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

153 W 175th Street, Bronx, NY, 10453

$875,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $700,000 $700,000 $700,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.875% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.977% 6.790%
Monthly Tax Payment $497 $497 $497
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,253 $4,599 $6,146
Total Monthly Payment $4,842 $5,188 $6,735

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.