Courtesy of: Michael A. Brown, Keller Williams Realty Group, brownm@kw.com
Courtesy of: Michael A. Brown, Keller Williams Realty Group, brownm@kw.com
$1,450,000
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6 bed
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3.00 Bath (3 Full)
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Lot: 0.06 Acres
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Quadruplex
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$1,450,000
719 E 242nd Street Prime Investment Opportunity on the Bronx/Mount Vernon Border! This legal 4-family property delivers strong immediate cash flow with incredible value-add potential. The layout features three spacious 2-bedroom apartments and one 1-bedroom apartment, complemented by a bonus basement unit. Currently producing impressive rental income with existing rents at $2, 885, $2, 997, and $2, 750. The building offers immediate flexibility for either an owner-occupant or an investor looking to capitalize on market-rate upside with 1 vacant unit ready for custom delivery or fresh tenancy. Ideally situated just steps from the Mount Vernon line and a short walk to the 2/5 subway lines, offering seamless commuting options into Manhattan. High demand location, steady returns, and major growth potential make this turnkey multi-family a standout addition to any portfolio!
Courtesy of: Michael A. Brown, Keller Williams Realty Group, brownm@kw.com
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