NY > Bronx
Bronx, NY 10473,635 Commonwealth AVE
Bronx, NY 10473,635 Commonwealth AVE
Bronx, NY 10473,635 Commonwealth AVE
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$945,000
Est. payment /mo
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9 BD
4 BA
3,480 SqFt
Back on Market

635 Commonwealth AVE Bronx, NY 10473

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Ronald J. Logallo, Jr.

Ronald J. Logallo, Jr.

+1(631) 335-7141

UPDATED:

08/10/2024 09:10 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Back On Market

Purchase Type For Sale

Square Footage 3,480 sqft

Price per Sqft $271

MLS Listing ID H6216637

Bedrooms 9

Full Baths 4

Originating Board onekey

Rental Info No

Year Built 1940

Annual Tax Amount $9,343

Lot Size 2,613 Sqft

Acres 0.06

Property Description

This property is back on the Market as of 8/1/2023. Set your attention and heart on this Large and well kept multi-family house for sale. The huge property is a legal 3 family house. The property rest on a quiet block in the clason point section of the Bronx, 10 min walk from the ferry to Manhattan or the 6 train. The property has been well maintained and it's in good condition. This 3 family consist of: First floor apartment : 2 bedroom, 1 bath. Second floor apartment: 3 bedroom, 2 bath. Third floor apartment: 4 bedroom, 1 bath. The current potential Rent Roll for this property is as follows. 4 br: $4000. 3 br: $3600. 2 br: $2400. ( vacant ) The current Least maximum potential monthly Rent Roll for this property is: $9600 a month. This property currently has a Potential Max income production of at least $9600 -$10,000 a month, according to NY rental prices. This property pays for itself, with immediate profits, and with an annual increase of the total monthly Rent Roll income stated above, due to periodic annual rent increases. The property is semi detached and has a Shared drive way. The 2 bedroom apartment will be delivered vacant, the 3 and 4 bedroom units will be sold with the present tenants. The rent roll has been stated above. This is the best 3 family unit available in the area and We are pricing it fairly to sell at $945,000. Once you get a glimpse of the inside of this well maintained property, you will fall in love. We welcome all qualified buyers and investors to view and submit your best and highest offers. This property was in contract and has been put back on the market as of August 1,2023, this property is in great condition and will require atleast 20 percent down payment if receiving an fha loan to pass self sufficiency test. Because of increasing house prices we will be increasing the price of this property as of April 5, 2024. Now that you have a second opportunity at this great investment property that's in great condition, Call now to secure your ownership at this current price. This Gem will not last on the market long!! Make this exceptionally special house yours.

Location

State NY

County Bronx

Rooms

Basement Walk-Out Access

Interior

Interior Features Eat-in Kitchen

Heating Oil, Baseboard, Hot Water

Cooling None

Fireplace No

Exterior

Garage Detached, 1 Car Detached, Private

Garage Spaces 1.0

Fence Fenced

Waterfront Description Water Access

Parking Type Detached, 1 Car Detached, Private

Total Parking Spaces 1

Garage true

Building

Lot Description Near Public Transit

Sewer Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Call Listing Agent

Middle Schools Bronx Mathematics Prep Sch (The)

High Schools Renaissance High School-Mtt

School District Bronx 8

Others

Senior Community No

Special Listing Condition None

Listed by YourHomeSold Guaranteed Realty • (718) 324-6060

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Ronald J. Logallo, Jr.

Realtor | License ID: 40LO1034700

+1(631) 335-7141

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635 Commonwealth AVE