INCREDIBLE BUY & HOLD OPPORTUNITY IN VAN NEST! This solid brick building offers 6 TOTAL UNITS that can generate additional income. Also includes an extra basement studio for additional space! Some units have been recently renovated with modern finishes, leaving only minor touch-ups needed to fully maximize rents.The property is loaded with UPSIDE POTENTIAL: city has significantly increased the assessed value this year, reflecting the area's growing demand. While there are current violations, the owner is in the middle of a dismissal request to remove all of them - don't let that scare you away from serious CASH FLOW.Ideally situated near Pelham Parkway, the Bronx Zoo, and multiple transit options, this is a perfect long-term hold in a rapidly appreciating neighborhood.Secure this income-producing asset today and ride the wave of Bronx growth!
Listing By
Agency Name: Coldwell Banker American Homes
Agency Contact: 718-206-1340
Shown By
Agency Title: Howard Hanna | Coach Realtors
Agency Phone: 800.321.RELO
591 Van Nest Avenue | MLS# 887804
This commercial property located at 591 Van Nest Avenue, Bronx, NY 10460 is currently listed for sale with an asking price of $999,999. Van Nest Avenue is located within the Bronx 11 school district. Search Bronx real estate on www.coachrealtors.com today.