2722 Wallace Avenue, Bronx, NY 10467
- $999,000
- 9
- BD
- 6
- BA
- List Price
- $999,000
- Status
- PENDING
- MLS#
- 1009825
- Year Built
- 2002
- Bedrooms
- 9
- Bathrooms
- 6
- Acres
- 0.05
Property Description
2 fully occupied apartments - 3rd Floor Unit Comes Vacant. $6,667/month gross income; New construction. Excellent condition, minimal maintenance Tenants pay heat & electric. Low landlord expenses. Non-Article XI. Maximum rent flexibility. Finished basement provides additional usable space. Exceptional investment opportunity! This non-Article XI multifamily property features three spacious apartments, each offering 3 bedrooms and 2 full bathroom. The building also includes a finished basement, providing additional usable space and flexibility. Recently constructed from the ground up, this property is in excellent condition and requires minimal maintenance. Tenants are responsible for their own heat and electric, while the landlord pays only water and insurance, helping to maximize net operating income. Ideally located in a prime area close to shopping, restaurants, schools, public transportation, and major highways, this property offers strong rental appeal and long-term investment potential. Whether you are looking to expand your portfolio or acquire a turnkey income-producing asset, this is an opportunity you do not want to miss.
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Additional Information
- Taxes
- $4,830
- Lot Size
- 2,100
- Interior Features
- First Floor Bedroom, First Floor Full Bath, Other, Primary Bathroom
- Heating
- Baseboard, Other
- Cooling System Type
- Wall/Window Unit(s)
- Sewer
- Public Sewer
- Water Source
- Public
- Basement
- Full
- Elementary School
- Baychester Academy
- Middle School
- Astor Collegiate Academy
- High School
- Bronx Academy Of Health Careers
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Listing courtesy of Listing Agent: Valon Nikci (sales@linknyrealty.com) from Listing Office: Link NY 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.