2897 Dudley Avenue, Bronx, NY 10461

$1,500,000

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List Price
$1,500,000
Days on Market
23
MLS#
1023558
Number Of Families
8
Status
ACTIVE

Property Description

Exceptional investment opportunity in the heart of Pelham Bay! This well-maintained 8-family brick apartment building offers a strong income-producing asset with an excellent rent roll and outstanding long-term value. The property features a desirable unit mix of six spacious two-bedroom apartments and two one-bedroom apartments, appealing to a wide range of tenants. Adding to its income potential are six private garages, providing an additional revenue stream in this highly sought-after neighborhood. The building has been thoughtfully maintained over the years, with numerous capital improvements including an updated boiler and renovations to many of the kitchens and bathrooms, allowing the next owner to benefit from a property that has been consistently cared for. Ideally located near shopping, restaurants, parks, public transportation, and major highways, this turnkey investment combines stable cash flow with future upside in one of the Bronx's most desirable neighborhoods. Whether you're expanding your portfolio or acquiring your first multifamily investment, this Pelham Bay property is a rare opportunity not to be missed.

Additional Information

Year Built
1941
School District
Bronx 11
Total Taxes
20723
Heating
Steam
Parking
Driveway, Garage
Basement
Full
Water
Public
Sewer
Public Sewer
Taxes
$20,723

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Fred Palma (fredpalmarealtor@gmail.com) from Listing Office: Coldwell Banker Signature Prop.

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.