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