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Fantastic Investment Opportunity in the Heart of the Bronx — 2058 Washington Ave. Nestled in one of the Bronx’s most convenient and growing neighborhoods, this fully renovated brick 3-unit home offers the perfect blend of modern comfort, strong rental income, and owner-occupant potential. Each unit features brand-new appliances, hardwood and marble floors, and energy-efficient windows with a 20-year warranty. The property also boasts a spacious private backyard, ideal for entertaining, gardening, or enjoying quiet outdoor time. Unit 1 (Duplex): Two levels of modern living with a master bedroom and en-suite bath upstairs. The main floor includes a stylish kitchen, open living and dining area, second full bathroom, and direct access to the backyard. Unit 2: A bright and generous one-bedroom, one-bath apartment with ample closet space and modern finishes — great for long-term rental or guest use. Unit 3: Newly renovated two-bedroom, one-bath apartment featuring an updated kitchen and bathroom with contemporary design touches. This home is fully rented, generating a strong monthly income of approximately $10, 000, making it an excellent turnkey investment or live-and-rent opportunity. Enjoy easy access to public transportation, schools, parks, shopping, and all the amenities that make Bronx living so desirable. Whether you’re a first-time homebuyer looking to offset your mortgage with rental income or an investor seeking a solid, cash-flowing property, this home checks all the boxes! The windows and roof were newly replaced in 2024 with a 20 year warranty. Attention investors WE HAVE MULTIPLE OFFERS'', offers on the property. If you have already submitted an offer or are planning to submit one, please present your highest and best offer. The seller will review all offers and select the strongest offer by: May 25, 2026 at 12: 00 PM (Noon)
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Our Executive Mortgage Banker:
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $398 | $398 | $398 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,928 | $5,347 | $7,367 |
| Total Monthly Payment | $5,451 | $5,870 | $7,890 |
* 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.