823 East 214th Street
$825,000
5
3
1,800
1,800
$458
Temporarily Off Market
Description
Welcome to 823 E 214th Street, a brick two-family townhouse in the Williamsbridge neighborhood of the Bronx.
This two-family house was built in 1960 and has been occupied by the same family for over 2 decades. It is legally certified as a two-family property. The first floor will be delivered vacant and features a spacious 2-bedroom/1-bathroom unit with ample closet space. The second-floor unit has a 3-bedroom/1-bathroom layout and is currently occupied by a tenant. The current tenant is paying below...Welcome to 823 E 214th Street, a brick two-family townhouse in the Williamsbridge neighborhood of the Bronx.
This two-family house was built in 1960 and has been occupied by the same family for over 2 decades. It is legally certified as a two-family property. The first floor will be delivered vacant and features a spacious 2-bedroom/1-bathroom unit with ample closet space. The second-floor unit has a 3-bedroom/1-bathroom layout and is currently occupied by a tenant. The current tenant is paying below market value and does not have a lease. The large basement has the potential to be combined with the first-floor unit to create an owner's duplex with access to the rear yard, or it could possibly be converted for another use.
Conveniently located, this low-rise attached townhouse offers an excellent opportunity for both homeowners and investors. This investment property is perfect for an investor seeking to establish a cash-flowing property in a burgeoning Bronx neighborhood, or for a first-time investor aiming to benefit from having a tenant help cover some expenses, with an approximate proforma of a 7% cap rate.
This two-family house was built in 1960 and has been occupied by the same family for over 2 decades. It is legally certified as a two-family property. The first floor will be delivered vacant and features a spacious 2-bedroom/1-bathroom unit with ample closet space. The second-floor unit has a 3-bedroom/1-bathroom layout and is currently occupied by a tenant. The current tenant is paying below...Welcome to 823 E 214th Street, a brick two-family townhouse in the Williamsbridge neighborhood of the Bronx.
This two-family house was built in 1960 and has been occupied by the same family for over 2 decades. It is legally certified as a two-family property. The first floor will be delivered vacant and features a spacious 2-bedroom/1-bathroom unit with ample closet space. The second-floor unit has a 3-bedroom/1-bathroom layout and is currently occupied by a tenant. The current tenant is paying below market value and does not have a lease. The large basement has the potential to be combined with the first-floor unit to create an owner's duplex with access to the rear yard, or it could possibly be converted for another use.
Conveniently located, this low-rise attached townhouse offers an excellent opportunity for both homeowners and investors. This investment property is perfect for an investor seeking to establish a cash-flowing property in a burgeoning Bronx neighborhood, or for a first-time investor aiming to benefit from having a tenant help cover some expenses, with an approximate proforma of a 7% cap rate.
Listing Agents
Amenities
- Hardwood Floors
- Walk Up
- Parking Included
- Semi-Detached
- Lowrise
LISTING UPDATED: 09/30/2024 08:23 AM
Property Details for 823 East 214th Street
Status | Temporarily Off Market |
---|---|
Days on Market | 112 |
Taxes | $505 / month |
Maintenance | - |
Min. Down Pymt | 5% |
Total Rooms | 7.0 |
Compass Type | Multi Family |
MLS Type | - |
Year Built | 1960 |
Views | None |
Architectural Style | - |
Lot Size | 2,302 SF / 31' x 74' |
County | Bronx County |
Buyer's Agent Compensation | 2.5% |
Building
Building Information for 823 East 214th Street
Stories2Residences3Year Built1960Building Size20.33' x 45'Building Sq. Ft1,829.7 SFLot Size2,302 SF / 31' x 74'Building Age-Building Type-
Property History for 823 East 214th Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 823 East 214th Street
Taxable ValueLand$8,520Additions$30,600Total$39,120
Home Facts
Total Finished SqFt1,800 SqFtLot Size2,302 SqFtYear Built1960ZoningR5APN2046730028
Schools near 823 East 214th Street
This home is within Nyc Geog District #11 - Bronx.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
P.S. 41 Gun Hill Road PublicK to 5 | ||
North Bronx School of Empowerment Public6 to 8 | ||
Bronx Lab School Public9 to 12 | ||
Leaders of Tomorrow 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.