467 E 159th StreetBronx, NY 10451

Description

INVESTORS & DEVELOPERS — OPPORTUNITY KNOCKS IN THE BRONX! Located in the Melrose neighborhood, this spacious two-family property presents an exciting opportunity for those looking to add value to their real estate portfolio. Featuring a 3-bedroom, 2-bathroom first-floor unit and a 2-bedroom, 1-bathroom second-floor unit, this property offers a versatile layout with multiple income-producing possibilities. Additional features include a full finished basement with walk-out access, a spacious backyard, gas boiler heating, and street parking. Situated in an R7-2 zoning district, offering potential redevelopment opportunities subject to zoning regulations and necessary approvals. Both units will be delivered vacant at closing! Take advantage of the flexibility to renovate, occupy, or lease the property according to your investment goals. Bring your creativity, explore the possibilities, and make this Melrose property your next investment!

Property Information

Property type

Residential Income

Sub-type

Duplex

Year built

1899

Building area

2,112 Sq Ft

Lot size

0.04 acres

Days on market

1

MLS^® Listing#

1062397

Property Features

Interior

High Ceilings · Soaking Tub

Cooling

Separate Meters · Wall/Window Unit(s)

Heating

Hot Water · Natural Gas · Separate Meters

Basement

Finished · Full · Walk-Out Access

Parking

On Street

Construction

Frame

Utilities

None

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Ps 1 Courtlandt School

Middle

Academy Of Applied Math And Tech

High

Alfred E Smith Career-Tech High Sch

Financial Details

Annual taxes

$921

Assessed value

$45,720

Parcel number

02381-0062