1265 Elder Ave Introducing 1265 Elder Ave, a fully renovated and newly converted free-market, tax-protected 8-unit residential building. This turnkey asset is delivered vacant and ready for immediate lease-up. Each unit has been gut renovated with modern finishes, offering strong rent potential and minimal maintenance for years to come. Tenants pay their own electric and heating, keeping operating expenses low. The property also features a convenient lift providing access from the ground floor to the basement. A rare free-market, tax-protected, fully updated multifamily opportunity-ideal for investors seeking stable cash flow and a hassle-free asset in the Bronx.