743 Hollywood Ave Bronx, NY 10465

Property Details for 743 Hollywood Ave

Year built

1930

Lot size

0.13 lot acres

Property size

3,600 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a fully renovated five-family building situated in the desirable Throggs Neck section of the Bronx, New York. The property boasts a substantial 3,600 square feet of living space spread across five individual units, making it ideal for generating strong rental income. The building has undergone a complete renovation, both inside and out, ensuring modern aesthetics and functionality. Each unit benefits from its own separate utility meters, simplifying billing and management. A significant advantage is that the property is currently completely vacant, allowing for immediate occupancy and streamlined tenant placement. The new roof provides peace of mind and eliminates immediate major repair concerns. The property sits on a 0.13-acre lot, offering ample space. Priced at $1,599,000, this free-market multi-family building represents a rare chance to acquire a turnkey investment property in a thriving Bronx neighborhood. The move-in ready condition and lack of existing tenants minimize initial operational hurdles, allowing for a swift return on investment. This is a prime opportunity for savvy investors seeking a stable and profitable addition to their portfolio. The combination of location, condition, and vacancy makes this a truly exceptional offering.