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Niels Pennings

niels@nielspennings.com +1(917) 583-2567

$ 995,000

Est. payment -/mo

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Active

763 Jackson AVE Bronx, NY 10456

10 Beds

4 Baths

4,113 SqFt

UPDATED:

10/17/2024 06:11 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,113 sqft

Price per Sqft $241

MLS Listing ID H6332638

Bedrooms 10

Full Baths 4

Originating Board onekey

Rental Info No

Year Built 1910

Annual Tax Amount $7,011

Lot Size 1,742 Sqft

Acres 0.04

Property Description

Welcome to 763 Jackson Ave, an incredible investment opportunity in the vibrant South Bronx. This four-family property boasts a strong 7.8% cap rate and includes an on-site super, making it an ideal income producer. The property features a total annual rent roll of $100,068, with annual expenses of $22,035, leaving an impressive Net Operating Income (NOI) of $78,033.The unit breakdown is as follows:Unit 1: 1 bedroom, 1 bathroom Unit 2: 1 bedroom, 1 bathroomUnit 3: 2 bedrooms, 1 bathroom Unit 4: Spacious 5-bedroom, 1-bathroom unit (can be delivered vacant) Located just a short distance from the 2 and 5 trains, this property provides easy access to public transportation and is less than 20 minutes from Manhattan. It's also close to local shopping centers, adding to the convenience for tenants.Don't miss out on this gem whether you're a seasoned investor or just starting out, 763 Jackson Ave offers exceptional income potential in a prime location!

Location

State NY

County Bronx

Rooms

Basement Walk-Out Access

Interior

Interior Features Eat-in Kitchen

Heating Natural Gas, Hot Water

Cooling Wall Unit(s)

Fireplace No

Exterior

Garage On Street

Parking Type On Street

Garage false

Building

Lot Description Stone/Brick Wall, Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Call Listing Agent

Middle Schools Call Listing Agent

High Schools Call Listing Agent

School District City Of New York

Others

Senior Community No

Special Listing Condition None

Listed by eXp Realty • 203-832-5598

Niels Pennings

Real Estate Advisor | RES.RES.0814910

+1(917) 583-2567

Niels Pennings

763 Jackson AVE Bronx, NY 10456

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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763 Jackson AVE