1012 E 233rd, Bronx, NY 10466

Property Description

Welcome to 1012 E 233rd Street, a fully vacant legal three-family home in Wakefield, Bronx, offering flexibility, recent updates, and strong income potential. Recently repainted and refreshed throughout, the property is ready for an owner-occupant, investor, or multi-generational buyer. The home features three separate residences: one 2-bedroom, 1-bath apartment and two 3-bedroom, 1-bath apartments, each offering comfortable layouts and plenty of natural light. A major benefit is the utility setup, with three separate gas meters, three electrical panels, three boilers, and three water heaters, allowing each unit to operate independently. A private gated driveway and one-car garage provide valuable off-street parking and additional convenience for both owners and tenants. With all three apartments delivered vacant, the next owner can establish rents immediately, occupy one unit while renting the others, or operate the entire property as an investment. Based on current rental levels in the area, the property offers the potential to generate approximately $111,600 in gross annual rental income when fully leased at market rates. Conveniently located near transportation, shopping, schools, and neighborhood amenities, 1012 E 233rd Street offers a compelling opportunity to own a true three-family property with separate utilities, parking, and rental upside. Schedule a private showing to see the opportunity firsthand.