NY
Bronx
Bronx
10470
4429 Carpenter Avenue
4429 Carpenter Avenue, Bronx, NY 10470
Listing Type
multi family
Listing Status
active
8
$1,449,999

Home Details for 4429 Carpenter Avenue

Price
$1,449,999
Type
Residential Income
Bedrooms
0
Bathrooms
0.0
Square feet
5375
Year built
1927
County
Bronx
Garage
Days on site
86
MLS Listing#
H6301563
Listing courtesy: eXp Realty - 8882760630
Property Description

7-unit multifamily, 5.3% cap rate, fully-occupied and well maintained property located in the Bronx, just two blocks from the 2 / 5 train! This income-generating asset offers a stable and lucrative investment with gross income of $143,000 annually. All units are fully occupied and leased ensuring consistent cash flow with the potential for rent increases. **Unit Mix and Rents:** - **Apt. 1:** $1,546.64 - 1 bedroom - **Apt. 2:** $1,577.93 - 1 bedroom - **Apt. 3:** $1,721.74 - 2 bedroom - **Apt. 4:** $1,962.40 - 1 bedroom - **Apt. 5:** $1,968.71 - 2 bedroom - **Apt. 6:** $1,600.00 - 1 bedroom - **Apt. 7:** $1,548.75 - 1 bedroom Key property features include: - **Recent Improvements:** Recently painted hallways, a repointed brick facade, a roof under 10 years old, a newly installed front walkway, and plans for a new intercom system installation. - **Expenses:** Annual expenses total $62,402.46, broken down as electricity ($960), water ($8,000), heating oil ($26,021.90), and property taxes ($27,420.56). - **Stable Tenancy:** With all units currently occupied the property is already income producing. Ideal for anyone seeking a robust investment in a thriving community. Property sold as-is.

Property Features
  • Heating Information
    • Oil
    • Hot Water
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • Garage
    • false
School Information
School Information for 4429 Carpenter Avenue, Bronx, NY 10470
Elementary School
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Middle School
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High School
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. Presented by: Yasin Benzawi
Listings courtesy of OneKey MLS. IDX information is provided exclusively for consumers personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but not guaranteed accurate by the MLS.
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Neighborhood Market Statistics
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Median Listing Price
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Median Square Feet
Market statistics compiled from data from OneKey MLS.
EXIT REALTY GROUP
985 Allerton Ave, Bronx, NY 10469
Office
718 319 8500
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