3011 Middletown Road, Bronx, NY, 10461

3011 Middletown Road, Bronx, NY, 10461

1925

Exceptional mixed-use property, a unique investment opportunity that combines commercial and residential spaces in one prime location. Situated in the heart of Pelham Bay, this property features a nail salon storefront, perfect for attracting foot traffic and generating steady commercial income. Above the salon, you'll find three well-appointed apartments, two 3 bedrooms and one two bedroom each designed to offer comfortable and modern living spaces. These units are ideal for maximizing your rental portfolio along with the apartments & commercial space, the property includes a separate three-bedroom house in the back. This spacious home provides a private and serene living environment, perfect for a family seeking more room and a sense of privacy. With its blend of commercial and residential spaces, this property offers a versatile and potentially lucrative investment. Don't miss out on this rare opportunity to own a mixed-use property in a sought-after location. Contact us today to schedule a viewing & for a well drawn up Pro-Forma of current, current with rent increase, current with maximized rent increase, remodel & full occupancy. Cap rate potential is 10%.


Status:

Active

Type:

Commercial

Units:

5

Heating:

Natural Gas

Cooling:

Wall/Window Unit(s)

Levels:

3

Acreage:

0.05

Est. Taxes:

$22,257

Assessment

$402,300

Construction

Brick

Utilities

Natural Gas Available

Days on Market:

12

Appliances:

Exhaust Fan, Gas Oven, Microwave, Refrigerator, Gas Water Heater

MLS #:

832249


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Aurum Standard Realty Corp Phone: 917-828-2417