733 E 229th Street

New York City, NY, 10466

$995,000

$283 per ft²
$995,000
$283 per ft²
Active Under Contract
Active Under Contract
 - For Sale
beds
8 Beds
baths
6 Baths
carpenters-square
3,510 ft²
property_type
Townhouse
calendar
Built 2008
*Due to current occupancy, 48hrs notice is required for all showings.* 733 East 229th is an excellent investment opportunity which offers 4 turnkey, fully occupied units, a secured garage, and off street parking. Built in 2008, this property is an ideal house-hack opportunity! The attached, brick-front property features one 1bed/1bath ground floor unit with a huge backyard, one 1 bed/1 bath basement unit, and two 3 bed/2 Bath floor through apartments with balconies. Currently a 3 family CO, each of the units are rented below market and present an opportunity for the new owner to live rent free! Located just a few blocks from the 2 and 5 trains and two blocks from Van Cortland Park, the location is very convenient. A few small updates would allow to an investor/owner to command premium rent rates. Don't miss this opportunity to own a piece of the Bronx renaissance. Breakdown of Current Occupancy: Basement: 1Bd/1Ba (Not on CofO): $1,050/ Month | Month to Month 1st Floor: 1Bd/1Ba: $1,350/Month | On Lease until Sept 2023 2nd Floor: 3Bd/2Ba: $1,800/Month | On Lease until June 2023 3rd Floor: 3Bd/2Ba: $1,800Month | On Lease until June 2023 Tenants Pay: All Utilities
MLS® ID:
OLRS-0084222
Listed:
3/27/22
Updated:
8/17/22

Interior Features

Total Bedrooms
8
Full Bathrooms
6

Exterior/Building Features

Exterior Features
Building Garden

Other Property Details

Garage
Yes
Parking
Y
View
N
County
Bronx
Pool
No
Total Stories
3
Zoning
R5

Property History

Date
Event
Price
Value
6/29/22
Active Under Contract
-
-
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