125 E. 169th Street, Bronx, NY 10452

Overview

Price: 
$200,000
Type of Home: 
Multi-Family
Style of Home: 
Legal 3
Bedrooms: 
7
Bathrooms: 
3
Square Footage: 
2280
Lot Size: 
2100
Year Built-in: 
1920

I have this property in contract on 125 E. 169th street in Grand Concourse Section of The Bronx. It's a Legal 3 Family that needs a lot of work(approx. 70-80k). See picture link below. Currently it is set up as a 2 family as they took down the wall on 2nd and 3rd floor and turned it into a duplex(5 bedrooms-2bath). The 1st floor unit has 2 Bedrooms and 1 bath). Will be delivered vacant and need to close in 3 weeks or so. It's not a bad street at all. Has churches, schools, police station, etc. I think you can get about 400k when complete.

Current properties in this condition are selling for 265K (1340 clay, 361 E. 169th st). Property Details: Square Feet-2280 Gas Frame Detached 2 gar garage Has 11K buildable if you want to go that way with this. R8 Zoning

OPEX: 
Water-$1600yr
Gas/Electric-$3600yr 
Insurance-$1800yr
Taxes-$1600yr

Any questions let me know…Not the easiest property to show at this point but the pics below will def. give you a good idea of what needs to be done. Asking 200k. Let me know if you have any questions. https://www.dropbox.com/sh/fzcqixtjv7nul5n/AAAjNaiZgZwTcDDOLu6_OoATa?dl=0

Location

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