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2547 Radcliff Ave, Unit The Bronx, NY 10469

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For Sale
Pending
$1,275,000

Well-maintained four-family home with low maintenance costs and recent renovations.

Lot size:
0.06 Acres

Property Features for 2547 Radcliff Ave

General Information

Property type
Investment
Standard status
Pending
Lot size
0.06 Acres

Building Details

Year built
1927

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Listing Contact
Edwin Moran
Source: Elliman

Listing Agent: Edwin Moran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Legal Four-Family Home Available

This is a legal four-family home that is very well kept. The property can be delivered fully vacant. Each apartment pays their own heat, hot water, and electricity, resulting in low monthly maintenance costs. There is a separate boiler and gas furnace for each apartment. The owner is only responsible for water and property taxes. Major recent capital improvements have been made to the property. The roof was recently refinished as of August 2024, and the pointed and parapets were resealed. The entire property was brick-pointed 5 years ago. The third floor has been fully gut renovated. The windows on the second and first floors are less than 7 years old. The last apartment was fully renovated 3 years ago. The entire property can produce up to $11,468 monthly and $137,616 yearly. The property is near public transportation, such as the 2 and 5 train as well as the BX 12.
Location Intelligence

Current Use by Public Records

usacanadarishte.com Wedding Service

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Bronx
County
Bronx
State
New York
Longitude
-73.860881
Latitude
40.864389

FAQs

What type of property is this?
Quadplex - Well-maintained four-family home with low maintenance costs and recent renovations.
Where is this quadplex located?
The property is located at 2547 Radcliff Ave, Unit The Bronx, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: - Legal 4-family home, deliverable fully vacant, offering immediate rental income potential.; - **High income potential: Property can produce up to $11,468 monthly and $137,616 yearly.**; - Low maintenance costs: Tenants pay for their own heat, hot water, and electricity.
More about this property
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