1727 Fowler AveThe Bronx, NY 10462

For Sale
$1,699,000

Prime Bronx location, 5-unit apartment building, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
93
Exceptional investment opportunity awaits with this meticulously maintained Class A, five-unit apartment building located in the desirable Morris Park section of the Bronx, New York. This 100% occupied property boasts 3,024 square feet of net rentable space, spread across a two-story brick building constructed in 1925 and extensively renovated in 2014. The building sits on an expansive 50' x 75' lot and includes a two-car garage and a finished basement, adding significant value. Each of the five units features high-end finishes, including granite countertops and hardwood floors, complemented by new windows and doors throughout. Tenants are responsible for all utilities, minimizing owner expenses. Three units will be delivered vacant at closing, providing immediate flexibility for the new owner. This free-market property enjoys a prime location, within walking distance of excellent schools, diverse shopping and dining options, and major transportation hubs. Its proximity to Jacobi and Einstein Hospitals further enhances its appeal. The asking price is $1,699,000, representing a compelling investment opportunity in a thriving Bronx neighborhood. This is a rare chance to acquire a fully renovated, high-performing multifamily property with significant upside potential.

Highlights

  • Excellent Morris Park location.
  • Proximity to schools.
  • Abundant nearby shopping and dining.
  • Convenient access to major transportation.
  • Near Jacobi and Einstein Hospitals.

Property Details for 1727 Fowler Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
3,024 SF
Class
A
Year Built/Renovated
1925/2014
Buildings
1
Stories
2
Units
5

Location Insight

City
The Bronx
County
Bronx
State
New York
Latitude
40.8464919
Longitude
-73.8585552
1727 Fowler Ave, The Bronx, New York
Leaflet | © OpenStreetMap contributors

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1727 Fowler Ave
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