1711 Zerega Ave, Bronx, NY 10462

This exceptional investment opportunity presents a beautifully renovated, three-story mixed-use building situated on a 2,583 square foot lot in the desirable Westchester Square section of the Bronx, NY. The property, built in 1930 and zoned R6, boasts five units: four fully updated, free-market two-bedroom apartments and a well-appointed commercial space. This combination offers significant income potential for investors or business owners. The building features low operating costs due to tenant-paid gas heat and electric. The asking price is $1,375,000, with a strong net operating income (NOI) of $101,306, resulting in a 7.37% capitalization rate. This represents a rare chance to acquire a stable and lucrative income stream in a highly sought-after location. The property's solid construction and desirable features make it an attractive investment for those seeking a high-return, low-maintenance asset. This is a turnkey opportunity to capitalize on the growing Bronx real estate market. The property's location offers easy access to transportation and local amenities. This is a truly unique opportunity to own a well-maintained, income-producing property in a thriving neighborhood.