1264 Manor AveBronx, NY 10472

This exceptional investment property, located at 1264 Manor Ave in the Soundview area of the Bronx, New York, presents a compelling opportunity for savvy investors. The property encompasses a substantial 4,860 square feet and sits on a 0.06-acre lot. The building currently features six apartments, each boasting two bedrooms, providing a solid foundation for rental income. Further enhancing the income potential is an additional income-generating space located in the basement. Currently, two of the apartments are vacant, offering immediate potential for increased revenue upon occupancy. The property utilizes oil-based heating, with the tank located above ground. There are no existing leases in place, providing the new owner with complete control over tenant selection and lease terms. This presents a unique chance to implement a comprehensive rental strategy tailored to maximize profitability. The asking price is $1,200,000. This multifamily property in a desirable Bronx location offers significant upside for the right investor. Serious inquiries are encouraged to explore this promising investment opportunity further.