1037 College Avenue

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Address: 1037 College Ave, Bronx, NY 10456, USA
Created date: March 5, 2025
Date last updated: April 16, 2025

Property Description

Welcome to this exceptional legal 3-family home, ideally situated for both investors and developers. This property offers a unique opportunity for those seeking a luxurious residence with high rental income potential or for developers looking to maximize their investment. Each of the three spacious units features 4-bedrooms and 1-bathroom, perfect for generating rental income or accommodating multi-generational living arrangements. The interior boasts charming hardwood floors and bright, airy living rooms. The windowed kitchens are equipped with modern amenities, including dishwashers and updated stainless steel appliances. The property also features a spacious backyard, ideal for outdoor entertaining, and a full basement with a walkout and shared laundry room. The City of Yes initiative presents a rare opportunity to potentially increase rent roll with the spacious walk-out basement. Tenants are responsible for electric and gas utilities. Located near vibrant Morris Avenue, the neighborhood offers easy access to trendy restaurants, cafes, local shops, parks, and convenient transportation options. Don't miss this incredible opportunity to own a multi-family home in a sought-after location. Whether you're an investor seeking strong returns or a developer ready to unlock this property's full potential, this property is not to be missed.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $1,499,999
No. of Units: 3
Year Built: 1920
Lot Size: 3,708.00 Sq ft
Opportunity Zone: No
Price per unit: $500,000
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Number of Bedrooms: 12
Number of Bathrooms: 3
Address: 1037 College Ave, Bronx, NY 10456, USA
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