Investor’s dream ! Don’t miss this income-producing one-bedroom condominium in the highly sought-after Parkchester section of the Bronx . This well-maintained unit is being sold with a dependable Section 8 tenant already in place, providing immediate cash flow from day one. The property generates **$3,013 per month in Section 8 rental income**, with payments made in full, offering a stable and reliable investment . No need to search for a tenantthis is a true turnkey opportunity. Conveniently located near public transportation, shopping, restaurants, schools, parks, and major highways, Parkchester remains one of the Bronx’s most desirable communities for long-term rental demand . Whether you’re a seasoned investor or looking to expand your real estate portfolio, this property offers consistent income, strong rental demand, and excellent long-term investment potential. **Highlights:** - One bedroom condominium- Reliable Section 8 tenant in place- $3,013/month rental income- Immediate positive cash flow- Prime Parkchester location- Close to transportation, shopping, dining, and schools- Excellent addition to any investment portfolio . Schedule your private showing today and take advantage of this exceptional income-producing property.
| MLS # | 980804 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $932 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 140 |
| Listing Provided By | YCL Real Estate Consulting | Mourad Rabii |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 634 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard, Hot Water, Other |
| Interior Features | Elevator, High Ceilings, High Speed Internet, Natural Woodwork, Other, Walk-In Closet(s) |
| Appliances | Gas Oven, Microwave, Refrigerator |
| Construction Materials | Block, Brick, Brownstone, Stone, Wood Siding |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street, Other, Waitlist |
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 27450 |
| Tax Annual Amount | 1471.72 |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10462 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10462) | |
Price: $260,000 low | high Med: $289,000 sqft: 634 low | high Med: 1,371 $ / sqft: $410 low | high Med: $211 On site: 140 low | high Med: 26 | |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10462 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10462) | |
Price: $260,000 low | high Med: $289,000 sqft: 634 low | high Med: 1,371 $ / sqft: $410 low | high Med: $211 On site: 140 low | high Med: 26 | |