2181 Muliner Avenue, Bronx, NY 10462

Property Description

Exceptional investment and development opportunity in the heart of Morris Park! This legal huge brick 2 family home on 5000 Sq ft offers a versatile layout, strong income potential, and valuable R6 zoning, making it an attractive option for owner-occupants, investors, and developers alike. The property features a spacious 3-bedroom, 1-bath apartment and a 3-bedroom, 2-bath residence, along with additional finished living space on the lower level with a separate entrance. The owner currently occupies the second floor and finished attic, while the first-floor apartment is occupied by a month-to-month tenant. The finished lower level is currently vacant, providing additional flexibility for the new owner. The property has a Certificate of Occupancy permitting occupancy by three families. Ideally situated just minutes from transportation, shopping, hospitals and medical facilities, restaurants, schools, and major highways, the location offers outstanding convenience and accessibility. Adding significant value is the full-sized adjoining lot included with the property. Combined with R6 zoning, this creates compelling development potential and makes the offering especially appealing to builders and developers seeking a long-term investment opportunity. Whether you are looking to live in one unit while generating rental income, accommodate extended family, expand your real estate portfolio, or explore future development possibilities, this Morris Park property offers a rare combination of income, flexibility, and upside potential.