For Sale
$1,100,000

448 Screvin AveThe Bronx, NY 10473

8-Unit Apartment Building, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 8-unit apartment building, located at 448 Screvin Ave, The Bronx, NY 10473, presents a compelling investment opportunity. Built in 1965, this four-story structure boasts a total of 3,120 square feet, offering a compelling price per square foot of $352.56. The property comprises eight units, with a price per unit of $137,500, and is currently listed at $1,100,000. The building features a mix of unit sizes, including two three-bedroom units and at least one two-bedroom unit. A finished basement provides additional space, potentially for storage or extra living area. Conveniently located near transportation hubs and major highways, the property also includes parking for at least two vehicles and a backyard. This multifamily property offers significant income potential, making it an attractive investment in a desirable Bronx location. The building's solid construction and desirable features, combined with its strong rental market position, make this a rare opportunity for investors seeking a high return on investment. The property's location in Bronx County offers easy access to various amenities and transportation options, enhancing its appeal to potential tenants. This is a turnkey investment ready to generate immediate income.

Highlights

  • $1,100,000 asking price for an 8-unit apartment building in The Bronx, NY.
  • 3,120 square feet, with a price per square foot of $352.56.
  • Eight units, priced at $137,500 per unit.
  • Built in 1965, this is a four-story building.
  • Located at 448 Screvin Ave, Bronx, NY 10473.

Property Details for 448 Screvin Ave

Property type
Apartment buildings
Square Feet
3,120 SF
Year Built
1965
Buildings
1
Stories
4
Units
8

Location Insight

City
The Bronx
County
Bronx
State
New York
Latitude
40.815807704814
Longitude
-73.851508960779
448 Screvin Ave, The Bronx, New York

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448 Screvin Ave
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