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2729 Paulding Avenue, Bronx, NY, 10469 | $585,000
Detached Two-Unit Residential Property with Yard and Garage in Sought-After Allerton Located on a residential side street near Allerton Avenue, 2729 Paulding Avenue is a fully detached residential property with value-add and fixer-upper potential in a highly convenient Bronx location. The property is being sold strictly as-is and as-seen. Exterior elements consist of a front yard, fenced backyard, and garage. The residential layout extends across two levels, with two residential units, each equipped with its own kitchen and bathroom. The first level features two bedrooms and one bathroom. The second level is configured with one bedroom and one bathroom. In addition to the two residential levels, a full basement provides additional space. The residence is not currently habitable and will require a complete gut renovation, with substantial work anticipated throughout. Conveniently located near Allerton Avenue’s commercial corridor, the property is in proximity to shopping, dining, and everyday services, while situated on a residential street. The 2 and 5 subway lines are approximately 0. 5 miles away, allowing convenient access to public transportation. An excellent opportunity for buyers, including investors, seeking a fully detached two-unit residential property in a well-established Bronx neighborhood. Note: Based on the available MLS property-type selection options, a “Two-Unit Residential Property” category was not listed at the time of entry. The description reflects the existing physical layout of the property.
Features
- Style: Other
- Year Built: 1930
- Garage: 1-car
- Heating: Oil
- Cooling: None
- Basement: None
- Acreage: 0.08
- Est. Taxes: $6,044
- Lot Desc: Back Yard, Front Yard, Near Public Transit, Near Shops
- View: Neighborhood
- Elem. School: Ps 89
- Middle School: Bronx Alliance Middle School
- High School: Pelham Preparatory Academy
- School District: Community District 11
- MLS#: 952748
- Days on Market: 40 days
- Website: https://www.raveis.com
/prop/952748/2729pauldingavenue_bronx_ny?source=qrflyer
William Raveis Family of Services
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2729 Paulding Avenue, Bronx, NY, 10469
$585,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $468,000 | $468,000 | $468,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.307% | 6.419% | 5.668% |
| Monthly Tax Payment | $504 | $504 | $504 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,731 | $2,882 | $3,793 |
| Total Monthly Payment | $3,327 | $3,478 | $4,389 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535