2-Unit Multifamily in Bronx
Price$770,000
Cap Rate12%
NOI$100,000
Price / SF$338
Building SF2,280
Units2
Asset TypeMultifamily
Investment Highlights
Belmont, BX Two Family (frame, freestanding) 20x55 ft on 24x87 ft lot, R6 zoning, taxes $5K. 9BR/ 5 Baths, EGI $120K, EXP $14,600, NOI $100K. Set up as rooming house, all tenants paying. Normal sale, $775K.
Income: $120,000
Tax: $5000
Insurance: $5200
Water: $900
Gas: $1800
Electric: $1700
Location
📍 Bronx
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