Share this with your friends
(917) 719-1715
WealthWise Realty
721 E 222nd Street, Bronx, NY 10467
- $1,050,000
- Sold Price
- $1,050,000
- List Price
- $1,299,999
- Status
- CLOSED
- MLS#
- H6288297
- Closing Date
- Mar 25, 2024
- Year Built
- 1930
- Acres
- 0.05
Property Description
Introducing 721 East 222nd Street, a legal 5-family gem in the Bronx, ready for an investor’s touch. This three-level building, with a usable basement, is vacant and partially gutted, primed for transformation to maximize market rents. No rent-stabilized or controlled units, paving the way for income optimization. The building features a decade-strong roof and is prepped for tenant-paid utilities, with the oil tank removed and 6 gas/electric meters installed. Con Edison is set to enhance power with a 600amp triple-phase service upgrade. Located near the 2/5 subway lines, the property ensures easy commute, boosting tenant appeal. It offers one parking spot and a spacious storage shed, adding convenience. This property is an investor’s canvas, ready to be transformed into a lucrative asset in a resilient and growing borough. Seize this opportunity to be part of the Bronx renaissance.
/u.realgeeks.media/wealthwiserealty/Logo-1_1-min.png){kind=logo}
Additional Information
- Taxes
- $7,051
- Lot Size
- 2,217
- Heating
- Natural Gas
- Cooling System Type
- None, Wall/Window Unit(s)
- Sewer
- Public Sewer
- Water Source
- Public
- Appliances
- Gas Water Heater
- Elementary School
- Contact Agent
- Middle School
- Contact Agent
- High School
- Contact Agent
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of Listing Agent: Michael A. Moretti (mmoretti5643@gmail.com) from Listing Office: eRealty Advisors, Inc.
Listing courtesy of Michael A. Moretti from eRealty Advisors, Inc
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.