722 Commonwealth Avenue

$600,000
Price
6
Beds
2
Baths
2,800 Sq. Ft.
$214 / Sq. Ft.
2,800
Sq. Ft.
$214
per Sq. Ft.

Description

This 2-family property in The Bronx is a promising investment opportunity, especially for someone looking for a multi-family setup! With 2,800 square feet of living space and 6 bedrooms and two full bathrooms across two units, it has good potential for rental income. The first floor consists of a daylight basement with access to the backyard and garage. Unit 1, which is located on the second floor, there are 3 generously sized bedrooms with ample closet space, 1 full bath, living room, kitchen and...This 2-family property in The Bronx is a promising investment opportunity, especially for someone looking for a multi-family setup! With 2,800 square feet of living space and 6 bedrooms and two full bathrooms across two units, it has good potential for rental income. The first floor consists of a daylight basement with access to the backyard and garage. Unit 1, which is located on the second floor, there are 3 generously sized bedrooms with ample closet space, 1 full bath, living room, kitchen and dining area. Unit 2, which is located on the three floor has an identical floorplan as the second-floor unit with 3 bedrooms and 1 bathroom. The roof, the kitchens and bathrooms in both units require renovation, which indicates an opportunity for customization and improvement, making it attractive to an investor who is willing to put in the work to raise the property's value. This property is being sold strictly AS IS therefore the seller will not make any repairs. Buyer will be responsible for any encumbrances against the property. Short Sale subject to third party approval. Great investment property awaiting the right investor!
  1. Listed by Dionne C. Harris-Jackman • eXp Realty
    P: 888-276-0630 C: 646-789-3599 Dionne.Harris-Jackman@exprealty.com

Property Details for 722 Commonwealth Avenue

Architectural Style
Tri-Level
Community Features
Park
Garage Spaces
1.00
LISTING UPDATED: 09/15/2024 06:09 PM

Property Details for 722 Commonwealth Avenue

StatusActive
MLS IDH6326624
Days on Market8
Taxes$6,917 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1965
Lot Size1,999 SF / 20' x 100'
CountyBronx County

Building

722 Commonwealth Ave

2 Units3 StoriesBuilt in 1965

Building Information for 722 Commonwealth Avenue

Stories3Residences2Year Built1965Building Size20' x 50'Building Sq. Ft3,000 SFLot Size1,999 SF / 20' x 100'Building Age-Building Type-

Property Information for 722 Commonwealth Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Directions: GPS to 722 Commonwealth Ave
  • Year Built Source: Owner
  • Property Attached: No
  • Structure Type: false
  • Square Footage Source: Municipality
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: City of New York
  • Elementary School District: City of New York
  • Elementary School: Call Listing Agent
  • Middle Or Junior School District: City of New York
  • Middle Or Junior School: Call Listing Agent
  • High School District: City of New York
  • High School: Call Listing Agent
Unit Information
Unit 1 Information
  • Unit Type Unit Number: Unit_1
  • Unit Type Floor Location: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 5
  • Unit Type Leased: 0
Unit 2 Information
  • Unit Type Unit Number: Unit_2
  • Unit Type Floor Location: 3
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 5
  • Unit Type Leased: 0
Unit Information
  • Number Of 3 Bedrooms: 2
  • Building Units Total: 2
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 03596-0037
  • Tax Map Number: 03596-0037
  • Tax Assessed Value: $574,000.00
  • Included In Taxes: Sewer,Trash
  • Additional Fees: 0
Interior and Exterior Features
Interior Features
  • Amenities: Hardwood Floors As Seen, Park, Public, Tri-Level
  • Living Area: 2800.0
  • Living Area Units: Square Feet
  • Basement: None
  • Location Amenities: Trilevel, Hardwood Floors As Seen
  • Common Walls: No Common Walls
  • Flooring: Hardwood
Exterior Features
  • Exterior Property Features: Attached, 1 Car Attached, On Street, Park, Level, Near Public Transit
  • Elevation Certificate: No
  • Construction Materials: Brick
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Level,Near Public Transit
  • Site Features: Park, Level, Near Public Transit
  • Building Area Units: Square Feet
Parking
  • Parking Features: Attached, 1 Car Attached, On Street
  • Parking Total: 1.00
  • Attached Garage: Yes
  • Garage: Yes
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Baseboard
  • Heat Fuel Type: Natural Gas, Baseboard
  • Number Of Heating Zones: 2
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 2
  • Garbage Removal: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 2
Green Features
  • Green Features: Natural Gas, Baseboard

Property History for 722 Commonwealth Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 722 Commonwealth Avenue

Taxable ValueLand$8,400Additions$26,040Total$34,440
Home Facts
Total Finished SqFt2,800 SqFtLot Size2,000 SqFtYear Built1965ZoningR6APN2035960037

Schools near 722 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 - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 100 Isaac Clason
PublicPK to 5

Jhs 131 Albert Einstein
Public6 to 8

Bronx Compass High School
Public9 to 12

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.

Similar Homes

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722 Commonwealth Avenue is a multi-family home for sale in Soundview. This property was listed for sale on September 12, 2024 by eXp Realty, it's currently listed at $600,000. This listing's school district is New York City Geographic District # 8. Nearby schools include P.S. 100 Isaac Clason, Jhs 131 Albert Einstein and Bronx Compass High School. 722 Commonwealth Avenue is a 6-bed, 2-bath, 2,800 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.