> Gorgeous 3-story 3-family brick house (4,368 SF) for sale.
> Located near Fordham University (2 blocks), Fordham Shopping Center and close to B, D, trains, and 4 and 2 train.
> R6 zoning.
> New gas boiler was installed 3 years ago.
> It has a backyard and a small front yard.
> Great income producing property.
> There are two 4BR units (2d & 3rd Floors) and one 2BR unit in the building.
> A 2 BR unit will be delivered vacant.
> Rent Roll: 1st Floor 2BR – $1550 (previous tenant’s rent, can now rent for $1700); 2d floor – $1890 (1 year remaining);3rd Floor $1755 (MTM Lease)
> Annual Income: 1st Floor 2BR $18,600; 2d flo 4 BR $22,680; 3rd floor 4BR $21,060; Total: $62,340
> Annual Est. Expenses: Taxes $3600; Water $1,292.00; Heat/Common Area Electric $3,896.00; Insurance $1,987.00; Total Est. Expenses $10,775.00
> To arrange for showing please call Elena 646 593 7207 or Rene 917-657-2090. Need to pre-qualify first.