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$1,299,999

Est. payment - /mo

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9 Beds

3 Baths

2,204 Sqft Lot

Active

2308 Morris AVE Bronx, NY 10468

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Christine DeHart

christine@salmonrealestate.com +1(718) 273-1200

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 994249

Bedrooms 9

Full Baths 3

Rental Info No

Year Built 1901

Annual Tax Amount $5,166

Lot Size 2,204 Sqft

Acres 0.0506

Property Sub-Type Triplex

Source onekey2

Property Description

Welcome to 2308 Morris Avenue, a beautifully maintained three-unit building located in the heart of Fordham Heights, just steps from the vibrant Little Italy dining district of the Bronx. This exceptional property features three spacious 3-bedroom apartments, each thoughtfully designed with hardwood flooring, high vaulted ceilings, and abundant natural light. Every unit offers updated kitchens with walnut cabinetry and white appliances, spacious bathrooms with bathtubs, and ample closet space in each bedroom. The building also includes an updated intercom system, security cameras throughout, an on-site laundry room, additional storage space available for rent, and a serene common backyard with a private garden area—perfect for relaxing or entertaining. Each tenant pays for their own utilities, ensuring a low-maintenance, high-efficiency investment. The property also includes a finished walk-out basement, offering flexible use options or additional income potential. With R8 zoning, the property presents valuable future development opportunities, making it ideal for investors or end-users looking to maximize long-term value. Perfectly situated, 2308 Morris Avenue is surrounded by some of the Bronx's most beloved destinations. It's within walking distance to the Fordham Metro-North Station and the 182nd–183rd Street and Fordham Road B/D train lines, providing a seamless 30-minute commute to Manhattan. Nearby, you'll find an abundance of local conveniences and culinary favorites in Little Italy, including Antonio's Trattoria, Zero Otto Nove, Roberto's, Enzo's, and Gio's Pastry Shop—each offering a taste of authentic Bronx charm. Outdoor landmarks such as the Bronx Zoo and New York Botanical Garden are also just minutes away, adding to the area's unique appeal. This property can be potentially be delivered vacant at closing, offering versatility for both investors and owner-occupants (currently only one unit is occupied). With a potential net operating income of $110,187 and an asking price of $1,299,999, 2308 Morris Avenue delivers a strong ~8.5% cap rate, combining immediate cash flow with development potential in one of the Bronx's most dynamic and rapidly evolving neighborhoods.

Location

State NY

County Bronx County

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Interior Features Other

Heating Baseboard, Other

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features None

Utilities Available Electricity Connected, Natural Gas Available

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Contact Agent

Middle Schools Call Listing Agent

High Schools Contact Agent

School District Contact Agent

Others

Senior Community No

Special Listing Condition None

Virtual Tour https://www.youtube.com/shorts/n0X9RWLd4xE

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by Locqube New York, Inc. • Jeffrie Pena

NEARBY SCHOOL & BUSINESS

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.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY, 10314, United States