BEDS10
BATHS3 full
MLS#1049044
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBronx 10
Property Description
Excellent investment opportunity in the Belmont section of the Bronx. This fully occupied three-family property is currently rented to students, with leases in place through 2027, providing immediate and stable rental income for the next owner. Ideally located near Fordham University, Arthur Avenue, shopping, dining, and public transportation. A strong opportunity for an investor seeking a well-located, income-producing multifamily property with established tenancy already in place.
Property Features
Property Type: Multi Unit - Multiple
Basement: Storage Space
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.04 Acres
Taxes: $6,958
Year Built: 1901
Amenities
High Ceilings
Feature Descriptions
Building Area Total: 3216
Days on Site: 9
Exterior: Brick
On Market Date: 2026-09-15
Parcel Number: 03057-0024
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Natural Gas Connected
Water: Public
Local Schools
High School: Fordham High School For The Arts
Middle School: Jhs 118 William W Niles
Elementary School: Ps 59 Comm School Of Technology
School District: Bronx 10
Listed By / Shown By
Listing By
Agency Name: EXIT Realty Private Client
Agency Contact: 914-222-1000
Shown By
Agency Title: Howard Hanna | Coach Realtors
Agency Phone: 800.321.RELO
Estimate Your Payment
Estimated Payment
$ 7,312.43 per month $6,304.43 Principal & Interest $579.83 Property Tax $428.17 Homeowner's Insurance
506 E 188th Street | MLS# 1049044
This multi-family property located at 506 E 188th Street , Bronx, NY 10458 is currently listed for sale with an asking price of $1,468,000. E 188th Street is located within the Bronx 10 school district. Search Bronx real estate on www.coachrealtors.com today.