$260,000
 $1,396 est/mo Sourced by Back At You

1501 Metropolitan Avenue 11g,Bronx, NY 10462

Bronx, NY 10462

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Description

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.

Details

MLS #980804
Listing TypeFor Sale
StyleCondominium
HOA Dues$932
Sub-TypeResale
StatusActive
Year1940
Days On Site140
Listing Provided ByYCL Real Estate Consulting | Mourad Rabii

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet634

Interior

CoolingWall/Window Unit(s)
HeatingBaseboard, Hot Water, Other
Interior FeaturesElevator, High Ceilings, High Speed Internet, Natural Woodwork, Other, Walk-In Closet(s)
AppliancesGas Oven, Microwave, Refrigerator

Exterior

Construction MaterialsBlock, Brick, Brownstone, Stone, Wood Siding

Parking

Garage Yes / NoNo
Parking FeaturesOn Street, Other, Waitlist

Utilities

UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value27450
Tax Annual Amount1471.72

Area Information

StateNY
CountyBronx County
CityBronx
Zip Code10462
School DistrictContact Agent
Elementary SchoolContact Agent
High SchoolContact Agent
Listing VS Median (in 10462)
Price:
$260,000
low | high
Med:
$289,000
38.846153846154% of Average
sqft:
634
low | high
Med:
1,371
66.246056782334% of Average
$ / sqft:
$410
low | high
Med:
$211
98.598440217696% of Average
On site:
140
low | high
Med:
26
100% of Average
Sourced by Back At You

Market Activity 10462

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Additional Information


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Learn More About This Property

StateNY
CountyBronx County
CityBronx
Zip Code10462
School DistrictContact Agent
Elementary SchoolContact Agent
High SchoolContact Agent
Listing VS Median (in 10462)
Price:
$260,000
low | high
Med:
$289,000
38.846153846154% of Average
sqft:
634
low | high
Med:
1,371
66.246056782334% of Average
$ / sqft:
$410
low | high
Med:
$211
98.598440217696% of Average
On site:
140
low | high
Med:
26
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $195K - $325K
sqft: 476 - 793
Listing Updated: August 6, 2026 at 5:02:11 PM PDT
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