448 Screvin Ave The Bronx, NY 10473

Property Details for 448 Screvin Ave

Year built

1965

Property size

3,120 SF

Property type

Commercial real estate

Description

This exceptional 8-unit apartment building, located at 448 Screvin Ave, The Bronx, NY 10473, presents a compelling investment opportunity. Built in 1965, this four-story structure boasts a total of 3,120 square feet, offering a compelling price per square foot of $352.56. The property comprises eight units, with a price per unit of $137,500, and is currently listed at $1,100,000. The building features a mix of unit sizes, including two three-bedroom units and at least one two-bedroom unit. A finished basement provides additional space, potentially for storage or extra living area. Conveniently located near transportation hubs and major highways, the property also includes parking for at least two vehicles and a backyard. This multifamily property offers significant income potential, making it an attractive investment in a desirable Bronx location. The building's solid construction and desirable features, combined with its strong rental market position, make this a rare opportunity for investors seeking a high return on investment. The property's location in Bronx County offers easy access to various amenities and transportation options, enhancing its appeal to potential tenants. This is a turnkey investment ready to generate immediate income.