*Due to current occupancy, 48hrs notice is required for all showings.* 733 East 229th is an excellent investment opportunity which offers 4 turnkey, fully occupied units, a secured garage, and off street parking. Built in 2008, this property is an ideal house-hack opportunity! The attached, brick-front property features one 1bed/1bath ground floor unit with a huge backyard, one 1 bed/1 bath basement unit, and two 3 bed/2 Bath floor through apartments with balconies. Currently a 3 family CO, each of the units are rented below market and present an opportunity for the new owner to live rent free! Located just a few blocks from the 2 and 5 trains and two blocks from Van Cortland Park, the location is very convenient. A few small updates would allow to an investor/owner to command premium rent rates. Don't miss this opportunity to own a piece of the Bronx renaissance. Breakdown of Current Occupancy: Basement: 1Bd/1Ba (Not on CofO): $1,050/ Month | Month to Month 1st Floor: 1Bd/1Ba: $1,350/Month | On Lease until Sept 2023 2nd Floor: 3Bd/2Ba: $1,800/Month | On Lease until June 2023 3rd Floor: 3Bd/2Ba: $1,800Month | On Lease until June 2023 Tenants Pay: All Utilities

Property Details of 733 East 229th Street, Unit Building

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Listed by Sean Sasso and Richard Rojas of Compass

Based on information submitted to REBNY as of May 18, 2022 6:19 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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