2711 Decatur Ave
Bronx, NY 10458
Multifamily Property For Sale · 3 Units

Calling on all investors!! Put your money where your mouth is with the purchase of this gigantic real estate 3 family money-maker!!! Located in the beautiful residential neighborhood of the historic Bedford Park, few steps away from Fordham University, in the Bronx, New York, this large income generator boasts of a total of 10 bedrooms. 1st floor comprises of huge 2 bedroom apartment, living-room, eat-in kitchen and bathroom. 2nd floor features 4 bedroom apartment, with Eat-in kitchen, living-room and bathroom. 3rd floor features 4 bedrooms, living-room, Eat-in kitchen and bathroom. Hardwood floor throughout. This property is fully rented with month-to-month tenancy and great working tenants that are never late with payments. Gross income is $94,560. Total Expenses is $16,245 (Per Annum). Net Operating Income is $78,315. Cap Rate is 9.98%. Tax is $4,765 per annum and was already calculated as part of the expenses. Zoning is R7. Property is located close to all major shopping malls and all major city transportation. Property need some TLC and sells in "AS IS" condition. Bring your best offers..... All offers in writing with proof of fund and 24 hrs notice needed. Call listing agent for showing.