1111 Dean Ave The Bronx, NY 10465
Property summary
This exceptional three-family apartment building in the coveted Country Club section of The Bronx presents a compelling investment opportunity. Located on a quiet block just a short distance from the scenic Long Island Sound, this well-maintained property boasts three identical two-bedroom units, each offering a unique appeal. The top-floor unit features a spacious layout and a sizable balcony, while the main floor unit includes access to a private deck and backyard. The ground floor unit is equipped with a convenient in-unit washer/dryer. All units are designed to attract high-earning renters, ensuring a stable and lucrative income stream. The property benefits from excellent access to multiple public transportation options, enhancing its desirability. The current annual gross potential rent is $78,420, with excellent month-to-month tenants in two of the units. This move-in ready property offers immediate returns and the potential for significant long-term appreciation. Whether you're seeking a strong investment or a live-in opportunity with rental income offsetting mortgage costs, this property is an ideal choice. The building's durable construction and modern updates ensure lasting value and minimal maintenance needs. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a highly sought-after Bronx neighborhood. The property is located at 1111 Dean Ave, Bronx, NY 10465.
Property profile
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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