346 East 195th Street

$699,000, 9 Beds 4 Baths 2,775 Sqft .09 Acres

About This Property

Gigantic 2019 remodeled high performing money-maker designed for a savvy Real Estate Investor who takes pride in numbers! Located in the beautiful residential neighborhood of Bedford Park in the Bronx, New York, this huge income generator boasts of a total of 9 bedrooms, plus 3 additional bedrooms in the basement apartment. Separate newer utilities, Hardwood floors throughout, Granite counter-tops..... 1st floor: 3 huge bedrooms, kitchen, Living room with dinning combo, deck and 2 Full baths. 2nd floor: 6 huge bedroom duplex with 2 Full baths, Living Rm/dinning combo and kitchen. Super occupies the full, finished 3 bedroom walk-out basement apartment. This property is fully rented with month-to-month tenancy and great working tenants that are never late. Gross Income is $91,400. Expenses is $9,469(Per-annum). Net Operating Income is $81,931. Cap Rate is 11%. Tax is $4,169(Per-annum and was already calculated as part of the expenses). Zoning is R5. Property is close to all major City transportation and shops. This is the deal of the year, do not hesitate to call me!!

Essential Information

MLS® #4916853
Tax Amount$4,169
Full Baths4
Square Footage2,775
Year Built1915
TypeMulti-Family 2-4
Sub-TypeDuplex, Flats
StyleSplit Level

Community Information

Address346 East 195th Street
Zip Code10458


Parking Spaces8


1st Fl Master Bedroom, Close to Bus, Close to Park, Close to Railroad, Close to School, Close to Shops, Deck, Fenced, Walk In Closet, Walk Out Basement, Balcony, Granite Countertops, Privacy, Trash Collection


1 Car Attached, Driveway, Garage Parking, Off-Street Parking


HeatingBase Board
Has BasementYes
BasementFinished, Full, Walk Out


Lot DescriptionLevel
ConstructionAdvanced Framing Technique

School Information

ElementaryCall NYC DOC
MiddleCall NYC DOC
HighCall NYC DOC

Listing Details

Listing Courtesy ofCharles Rutenberg Realty, Inc.

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Listing information last updated on April 19th, 2019 at 3:13pm CDT.

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