Property Description for 1118 Dean Ave
Opportunity Knocks in Country Club area of the Bronx. Two homes offered for sale as a bundle: 1120 Dean Avenue, single family home 2 bedroom 1 bath with its own private entrance on Fairmount Ave, and 1119 Stadium Avenue a legal 3 family home. In addition, 1118 Dean Avenue a detached 2 car garage building lot size 25 x 95 and 1117 Stadium Avenue a small lot of vacant land. The best feature of the property is that the properties sit next to vacant city land which can't be developed by the city because both lots have to have access to the street. You get to enjoy a large piece of property that you must maintain (fenced in) but don't have to pay taxes on it. The city is willing to sell the land.This a great investment. Live in one, rent the others (20% down, 4.3%, 30 yr $7,000 payment) get approx $4,750-5,000 monthly income, which will cover most of your mortgage payment. If you rent all the apts plus the garage you will make $$ and the house will continue to appreciate. Hurry prices in Country club are going up, and interest rates are on your side. Call of email for a showing. Broker/owner.