306 East 165th Street

Rarely available brick 3 family townhouse. Situated in arguably one of the best location the South Bronx, the Concourse neighborhood. 306 East 165th Street handsome brick facade as that Brooklyn curb-appeal you have been searching for. Situated only two stops from Manhattan on the 4 or D & B train, 20 minutes to Midtown and steps from Yankee Stadium, and Bronx Museum of Art. Built 20 feet wide, with three large apartments, one per floor. In addition, you have finished windowed basement with private street level access. As an investment property, with minimal updating and TLC owners could achieve a solid 6.3% cap rate or simply live in one unit and rent the other two to pay your mortgage. More and more young professionals are seeking nicer and more affordable housing options with a fast and easy commute to Manhattan. With the impending closure of the L train and rising rent prices throughout Brooklyn, many believe that South Bronx housing will be in high demand.