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1513 Rosedale Avenue, Bronx, NY, 10460 | $829,000
Incredible Investment Opportunity in the Bronx River Neighborhood. 5 Bedrooms | 3 Bathrooms | Fully Finished Basement | Prime Location. Discover the perfect blend of comfort, income potential, and long-term value with this exceptional two-unit home located in the vibrant Bronx River neighborhood. Ideal for investors seeking strong rental returns or buyers looking for a versatile residence with flexible living options, this property offers outstanding potential. Set on 1, 946 sq. ft. , this well-maintained property features two spacious units with well-designed layouts that maximize functionality and everyday comfort. A fully finished basement adds even more versatility—perfect for a recreation space, home office, guest accommodations, or extended living use. With a total of 5 bedrooms and 3 full bathrooms, the home offers generous space for occupants or tenants, with the option to live in one unit while generating rental income from the other. The smart layout and adaptable design make this a standout opportunity in today’s market. Location is key, and this property truly delivers. Situated in the growing Bronx River area, residents enjoy convenient access to public transportation, shopping, schools, parks, and major highways—making commuting and daily errands effortless. Ongoing neighborhood development further enhances the property’s long-term appreciation potential. Rental Income & Investment Potential - Based on current market conditions in the Bronx River area, similar units rent for approximately $2, 700–$3, 400 per month per unit, offering an estimated total gross rental income of $5, 400–$6, 800 per month (approximately $64, 800–$81, 600 annually). This creates an excellent opportunity to live in one unit while offsetting your mortgage with rental income, or lease both units for maximum cash flow. To make ownership even easier, professional rental and tenant placement services are available after purchase, helping you secure qualified tenants, manage leases, and maximize your investment returns with confidence.
Features
- Bedrooms: 5
- Baths: 3 full
- Style: Other
- Year Built: 1901
- Heating: Other
- Cooling: Central Air
- Basement: Finished
- Acreage: 0.06
- Est. Taxes: $4,356
- Elem. School: Contact Agent
- High School: Contact Agent
- School District: Contact Agent
- MLS#: 959278
- Days on Market: 7 days
- Website: https://www.raveis.com
/prop/959278/1513rosedaleavenue_bronx_ny?source=qrflyer
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
- 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.
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
- 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
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@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
1513 Rosedale Avenue, Bronx, NY, 10460
$829,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $663,200 | $663,200 | $663,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.750% | 5.625% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.878% | 5.732% | 5.555% |
| Monthly Tax Payment | $363 | $363 | $363 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,460 | $3,818 | $5,375 |
| Total Monthly Payment | $3,915 | $4,273 | $5,830 |
* 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