618 Mead Street, Bronx, NY 10460

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Sold Price
$1,167,500
List Price
$1,200,000
Status
CLOSED
MLS#
H6306744
Closing Date
Jul 19, 2024
Year Built
2009
Bedrooms
11
Bathrooms
7
Acres
0.06

Property Description

Introducing an outstanding investment opportunity in the vibrant Bronx neighborhood. Built in 2009, this impressive property spans 3,060 square feet, comprising three separate units, each with three bedrooms and two bathrooms. Additionally, a finished basement with two bedrooms adds to its rental potential. Tenants enjoy the convenience of paying for all utilities, including heat, hot water, and electricity. The property's solid brick construction ensures durability and low maintenance costs over time. Strategically located near transportation hubs and major shopping centers, this property offers accessibility and convenience to residents. Its proximity to amenities attracts quality tenants, contributing to high occupancy rates. With limited space for new construction in the Bronx, owning this property presents a unique opportunity for long-term appreciation and stability. Furthermore, the property fosters a community atmosphere, with respectful and friendly tenants adding to its appeal as a solid investment. Don't miss out on this chance to secure a lucrative income-producing property in one of New York City's most dynamic boroughs. Contact us today to schedule a viewing and seize this exceptional investment opportunity.

Additional Information

Taxes
$9,059
Lot Size
2,500
Heating
Baseboard, Natural Gas
Cooling System Type
Wall/Window Unit(s)
Sewer
Public Sewer
Water Source
Public
Appliances
Gas Water Heater
Basement
Finished
Parking Spaces
1
Elementary School
Contact Agent
Middle School
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High School
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Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Alexander Galvez (Alex@c21galvez.com) from Listing Office: Century 21 Galvez.

Listing courtesy of Alexander Galvez from Century 21 Galvez

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.