1119 Morris AVE Bronx, NY 10456
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID H6332951
HOA Y/N No
Rental Info No
Year Built 1927
Annual Tax Amount $16,950
Lot Size 3,506 Sqft
Acres 0.0805
Property Sub-Type Multi Family
Source onekey2
Property Description
This expansive 5-family building, located in the Bronx, boasts over 6,000 square feet of living space, featuring three 3-bedroom units and two 2-bedroom units. With a projected Cap Rate of 10%, this property is an ideal investment opportunity, especially once fully renovated. Plus, it will be delivered vacant, giving you full control over upgrades and tenant selection.
There's additional potential to convert the units into more bedrooms, maximizing rental income given the property's large size. Conveniently located just a short walk from the B & D trains, this building is perfect for commuters and presents significant upside for investors. Don't miss this chance to make a great return!
Location
State NY
County Bronx County
Interior
Heating Natural Gas, Radiant
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Other
Utilities Available Trash Collection Public
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Contact Agent
Middle Schools Contact Agent
High Schools Contact Agent
Others
Special Listing Condition None
Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.
Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.
If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.