924 Rev James Polite AVE, Bronx, NY 10459
924 Rev James Polite AVE, Bronx, NY 10459
924 Rev James Polite AVE, Bronx, NY 10459
924 Rev James Polite AVE, Bronx, NY 10459
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$ 1,551,000
Est. payment | /mo

5 Beds

5 Baths

2,191 Sqft Lot


Save
$ 1,551,000
Est. payment | /mo
Save

5 Beds

5 Baths

2,191 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 982360

Bedrooms 5

Full Baths 5

Rental Info No

Year Built 2005

Annual Tax Amount $1,547

Lot Size 2,191 Sqft

Acres 0.0503

Property Sub-Type Triplex

Source onekey2

Property Description

Excellent mixed-use investment opportunity in the South Bronx. This fully occupied property features three residential units and one commercial space, offering strong and consistent income.

Based on current rents, the property generates approximately $12,500/month ($155,000 annually), with an estimated NOI of ~$122,289. This supports an approximate 7.5% return at current pricing, with additional upside potential from on-site advertising income.

Ideal for investors seeking a turnkey asset with multiple income streams and long-term growth. Low operating expenses, including a favorable tax structure, further enhance the overall return profile. Conveniently located near transportation, shopping, and major thoroughfares, making it attractive for both residential and commercial tenants.

All income, expense, and return figures are approximate and should be independently verified.

Location

State NY

County Bronx County

Interior

Interior Features First Floor Bedroom

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features None

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Garage false

Private Pool No

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Urban Scholars Community School

Middle Schools School Of Performing Arts

High Schools Bronx 12

School District Bronx 12

Others

Senior Community No

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by EXP Realty • William Astudillo
Nearby Locations
Michael & Tara Holmes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(914) 774-5684

mikeholmesrealestate@gmail.com

777 Westchester Ave, White Plains, NY, 10604, USA

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924 Rev James Polite AVE