635 Commonwealth Avenue
$945,000
9
4
3,480
3,480
$272
Description
This property is back on the Market as of 8/1/2023. Set your attention and heart on this Large and well kept multi-family house for sale. The huge property is a legal 3 family house. The property rest on a quiet block in the clason point section of the Bronx, 10 min walk from the ferry to Manhattan or the 6 train. The property has been well maintained and it's in good condition. This 3 family consist of: First floor apartment : 2 bedroom, 1 bath. Second floor apartment: 3 bedroom, 2 bath. Third floor...This property is back on the Market as of 8/1/2023. Set your attention and heart on this Large and well kept multi-family house for sale. The huge property is a legal 3 family house. The property rest on a quiet block in the clason point section of the Bronx, 10 min walk from the ferry to Manhattan or the 6 train. The property has been well maintained and it's in good condition. This 3 family consist of: First floor apartment : 2 bedroom, 1 bath. Second floor apartment: 3 bedroom, 2 bath. Third floor apartment: 4 bedroom, 1 bath. The current potential Rent Roll for this property is as follows. 4 br: $4000. 3 br: $3600. 2 br: $2400. ( vacant ) The current Least maximum potential monthly Rent Roll for this property is: $9600 a month. This property currently has a Potential Max income production of at least $9600 -$10,000 a month, according to NY rental prices. This property pays for itself, with immediate profits, and with an annual increase of the total monthly Rent Roll income stated above, due to periodic annual rent increases. The property is semi detached and has a Shared drive way. The 2 bedroom apartment will be delivered vacant, the 3 and 4 bedroom units will be sold with the present tenants. The rent roll has been stated above. This is the best 3 family unit available in the area and We are pricing it fairly to sell at $945,000. Once you get a glimpse of the inside of this well maintained property, you will fall in love. We welcome all qualified buyers and investors to view and submit your best and highest offers. This property was in contract and has been put back on the market as of August 1,2023, this property is in great condition and will require atleast 20 percent down payment if receiving an fha loan to pass self sufficiency test. Because of increasing house prices we will be increasing the price of this property as of April 5, 2024. Now that you have a second opportunity at this great investment property that's in great condition, Call now to secure your ownership at this current price. This Gem will not last on the market long! Make this exceptionally special house yours.
- Listed by Isaac Buapim • YourHomeSold Guaranteed RealtyP: (718)-324-6060 C: (347)-290-3680 mrisaacb84@aol.com
Property Details for 635 Commonwealth Avenue
Community Features
Park
Garage Spaces1.00
WaterfrontYes
LISTING UPDATED: 08/10/2024 05:10 PM
Property Details for 635 Commonwealth Avenue
Status | Active |
---|---|
MLS ID | H6216637 |
Days on Market | 760 |
Taxes | $9,343 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1940 |
Lot Size | 2,499 SF / 25' x 100' |
County | Bronx County |
Building
Building Information for 635 Commonwealth Avenue
Stories2Residences3Year Built1940Building Size20' x 67'Building Sq. Ft2,680 SFLot Size2,499 SF / 25' x 100'Building Age-Building Type-
Property Information for 635 Commonwealth Avenue
Property History for 635 Commonwealth Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 635 Commonwealth Avenue
Taxable ValueLand$8,760Additions$39,480Total$48,240
Home Facts
Total Finished SqFt3,480 SqFtLot Size2,500 SqFtYear Built1940ZoningR5APN2035550051
Schools near 635 Commonwealth Avenue
This home is within New York City Geographic District # 8.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
P.S. 107 PublicPK to 5 | ||
Soundview Academy For Culture And Scholarship Public6 to 8 | ||
The Bronx Mathematics Preparatory School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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