Rare opportunity to add this vacant four-family property at 1171 Colgate Ave to your real estate portfolio. The home is located in rapidly developing Soundview Section of the Bronx and Conveniently located near the MTA 6 train at Elder Ave station. This property offers an excellent multifamily investment opportunity. The building features four residential units: 1 × 3-bedroom apartment 3 × 2-bedroom apartments Each apartment has its own separate gas-fired boiler providing both heat and hot water, allowing for individual control of heating and hot water expenses. The property also includes a high-ceiling, walk-out basement that is currently unfinished, offering potential for additional storage or future use, subject to applicable zoning and permits. Delivered vacant, the property provides investors with flexibility to renovate, reposition, and maximize its rental income potential. Call today to schedule your viewing before it gone.
Listing courtesy of Listing Agent: Alex S. Huang (alex@htrealtygroup.net) from Listing Office: Han Tang Realty Inc..
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.