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NOTHING BUT AN UPSIDE for this 5 Family sleeper in the Morris Park Community of Community Board 11. No Rent Control, No Rent Stabilization, No Leases. It doesn't get better than this. 5 Rental units, currently below fair market rent and 5 car garage. Projected Gross Annual Rent after toy take over,$136,200. You cant miss. This property is located with "sleeping" distance to Montefiore Hospital, 10 Minutes to The Hutchinson River Parkway. 15 Minutes to the Bruckner and Cross Bronx Expressway and with Congestion Tolls here to stay, 20-25 minute drive to midtown Manhattan. Formerly the side of a hat manufacturing company with retail space at front (see old photo) this investors dream is here for the offering, Best part of this transaction, owner will consider holding mortgage for the credit worthy investor. Room count as follows: 4 One Bedroom apartment and 1 Three Bedroom Apa...
NOTHING BUT AN UPSIDE for this 5 Family sleeper in the Morris Park Community of Community Board 11. No Rent Control, No Rent Stabilization, No Leases. It doesn't get better than this. 5 Rental units, currently below fair market rent and 5 car garage. Projected Gross Annual Rent after toy take over,$136,200. You cant miss. This property is located with "sleeping" distance to Montefiore Hospital, 10 Minutes to The Hutchinson River Parkway. 15 Minutes to the Bruckner and Cross Bronx Expressway and with Congestion Tolls here to stay, 20-25 minute drive to midtown Manhattan. Formerly the side of a hat manufacturing company with retail space at front (see old photo) this investors dream is here for the offering, Best part of this transaction, owner will consider holding mortgage for the credit worthy investor. Room count as follows: 4 One Bedroom apartment and 1 Three Bedroom Apartment. ACT TODAY and put your offer in for this rare gem of a find.
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