$899,900

1281 Commonwealth Avenue Unit 1 Bronx, NY 10472

Beds: 0
Baths:
Sq Ft: 3280
Type: Mult-Family
MLS#: 4838901
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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

BACK ON MARKET, GREAT INVESTMENT OPPORTUNITY. Great 4 family investment property consisting of three 2 bedroom units and one 1 bedroom unit, new gas fired heating system, roof Italian Terraced yard, finished basement, with Projected Gross Monthly Rent (PGMR) of $6,900 plus per month or $82,800 per year plus. Projected Yearly Expenses of: Taxes $11,736, Insurance: $2,600; Water Sewer: $2,000, Fuel: $5,000, Con Ed: $900, Incidental Maintenance and Pest Control: $1,500. Calculated Yearly expenses: $23,736. Projected Mortgage based upon 20% down payment of $179,800 at a sales price of $899,000 . Projected 30 year mortgage of $719,200 at 4.53% (Todays rate 08/17) $3,656.91 or $43,882.92. Total Projected Yearly Expenses: $67,000. Projects Net Operating Income per year $15,800 or a monthly income of $1,317/ month. WHAT ARE YOU WAITING FOR set up an appointment today. TURN THIS SLEEPER INTO A CASH COW. Bring your offer. PROPERTY CAN BE DELIVERED VACANT.

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DescriptionInterior & Exterior Features

Interior Features Include:

Heating: Steam
Source Natural Gas

Basement:
Finished, Full


Exterior Features Include:

Acreage: 0.0600 Acres

Lot:
Description Sloping
Waterfront Type Municipal

Garage/Parking:
Parking Off-Site Parking

Other Features Include:

Water: Municipal

This Listing is Presented By
7180

River Realty Services Inc.

River Realty Services Inc.

Work: 845 564 2800119

Fax: (845) 564-0700

Email: showings@riverrealty.com

      
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