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Welcome to 1823 Anthony Avenue, a massive, meticulously maintained two-unit residence located in the heart of the Mt. Hope section of the Bronx. With a total of 10 bedrooms and 5 bathrooms across both units, this property offers over 2, 500 sq. ft. of living space and unmatched rental income potential. Each unit features a generous layout with five well-sized bedrooms, updated kitchens, and ample living areas, making it ideal for investors or households seeking flexible, multi-generational living. The home also includes a private entrance for each unit and has been cared for with the highest attention to detail. Situated on a 2, 250 sq. ft. lot, this property is just minutes from local schools, shopping, dining, and multiple subway (B, D, and 4 trains) and bus lines—providing effortless access to the rest of the Bronx and Manhattan. This is more than just a home; it is a wealth-building engine. Whether you are looking to expand your real estate portfolio or reside in one unit and rent the other, this property allows you to live for a fraction of the cost, while the property generates profit. Income & Investment Potential - Massive Income Potential: A 5-bedroom units in this area are in extremely high demand, with estimated market rents ranging from $4, 500 to over $4, 800 per month. Total Gross Potential: A fully rented building could generate upwards of $9, 000+ per month, comfortably covering your mortgage and providing significant monthly cash flow. Don't miss out on a prime opportunity in one of the Bronx's most desirable locations. Our team also offers full rental and tenant-placement services after purchase, helping you transition seamlessly from closing to cash flow.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $920,000 | $920,000 | $920,000 |
| 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 | $342 | $342 | $342 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,799 | $5,296 | $7,456 |
| Total Monthly Payment | $5,266 | $5,763 | $7,923 |
* 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.