Rare opportunity for an investor.
Low $58,000 CASH ONLY!
Positive cash flow. No primary residence. Investment only!
Large Rent Stabilized occupied One Bedroom (807sqft). Rent stabilized units are regulated by the City of New York.
Monthly Rent $936.96 Maintenance: $709.86. Monthly cash flow: $227.10
The lease expiration is 2/2025. At expiration, the lease will have to be renewed. When the tenant vacates, the unit becomes free market.
The apartment is in "original condition" Unfortunately we can not provide access to the unit because the tenant will not agree to it. The tenant is not obligated by law to provide access.
The lease and rent receipts will be provided upon request.
Board approval is required.
This art deco building overlooking Bronx Park is located in the residential section of Pelham Parkway near parks, Bronx Zoo, Botanical Garden, Jacobi Hospital, Banks, School, Library, Planet Fitness gym, restaurants, and shopping on Lydig and White Plains Road.
Convenient transportation includes the #2 & 5 IRT, the 22,39 $ 12 buses, and the express bus to Manhattan.` Additional Information: Amenities:Windowed Bath,Windowed Kitchen,HeatingFuel:Oil Above Ground,