642 East 223 street Bronx, NY 10466

Located in the Wakefield neighborhood of the Bronx, 642 East 223rd Street is a well-maintained brick multifamily property offering a solid investment opportunity. The building comprises four units: two 1-bedroom apartments, one 2-bedroom apartment, and one 3-bedroom apartment, providing a diverse rental portfolio. Additionally, the property features a spacious basement, offering potential for storage or further development. The 1-bedroom units are around 500 square feet each and have previously been rented for $2,550 per month. The 2-bedroom and 3-bedroom units offer larger living spaces, catering to tenants seeking more room. The expansive basement adds value to the property, offering possibilities for additional storage or recreational space. The property's location ensures convenience for residents, with proximity to shopping centers, dining options, and public transportation, including nearby subway lines and bus routes. This accessibility enhances the property's appeal to potential tenants. Overall, 642 East 223rd Street presents a promising investment opportunity in a desirable Bronx neighborhood, offering a mix of unit sizes, additional basement space, and a location that meets the needs of urban living. THE PROPERTY IS SOLD AS IS, WITH TENANTS. Tenants are paying above and close to market rents.