689 & 693 Beck Street, Bronx, NY 10455

$2,200,000

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List Price
$2,200,000
Status
ACTIVE
MLS#
1007929
Year Built
1909
Acres
0.10

Property Description

Rare 24-unit multifamily investment opportunity in the desirable Longwood section of the Bronx. This solid brick property consists of two attached buildings in excellent condition with strong curb appeal, a desirable unit mix, and steady rental demand. 689 Beck Street features 13 studio apartments and 3 one-bedroom apartments. 693 Beck Street features 5 three-bedroom apartments and 3 four-bedroom apartments. Both buildings are serviced by one efficient boiler system, helping simplify management and reduce maintenance costs. Offered at a 7.5% cap Conveniently located near public transportation, shopping, schools, parks, and daily conveniences. A strong income-producing asset with durable construction, excellent condition, and long-term upside in a high-demand Bronx rental market.

Additional Information

Taxes
$26,356
Lot Size
4,168
Heating
Natural Gas
Cooling System Type
Wall/Window Unit(s)
Sewer
Public Sewer
Water Source
Public
Basement
Full, Unfinished
Elementary School
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Middle School
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High School
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Luis F. Fernandez (Luis@LuisFernandezTeam.com) from Listing Office: eXp Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.