INVESTORS & DEVELOPERS - OPPORTUNITY KNOCKS IN THE BRONX! Located in the Melrose neighborhood, this spacious two-family property presents an exciting opportunity for those looking to add value to their real estate portfolio. Featuring a 3-bedroom, 2-bathroom first-floor unit and a 2-bedroom, 1-bathroom second-floor unit, this property offers a versatile layout with multiple income-producing possibilities. Additional features include a full finished basement with walk-out access, a spacious backyard, gas boiler heating, and street parking. Situated in an R7-2 zoning district, offering potential redevelopment opportunities subject to zoning regulations and necessary approvals. Both units will be delivered vacant at closing! Take advantage of the flexibility to renovate, occupy, or lease the property according to your investment goals. Bring your creativity, explore the possibilities, and make this Melrose property your next investment!
| MLS # | 1062397 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1899 |
| Days On Site | 13 |
| Listing Provided By | YourHomeSold Guaranteed Realty | Tyrone L. Byrdsong |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,112 |
| Basement | Y |
| Units | 2 |
| Acreage | 0.04 |
| Cooling | Separate Meters, Wall/Window Unit(s) |
|---|---|
| Heating | Hot Water, Natural Gas, Separate Meters |
| Interior Features | High Ceilings, Soaking Tub |
| Construction Materials | Frame |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Utilities | None |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 45720 |
| Tax Annual Amount | 920.72 |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10451 |
| School District | Alfred E Smith Career-Tech High |
| Elementary School | Ps 1 Courtlandt School |
| High School | Alfred E Smith Career-Tech High |
| Listing VS Median (in 10451) | |
Price: $1,000,000 low | high Med: $297,000 sqft: 2,112 low | high Med: 661 $ / sqft: $473 low | high Med: $450 On site: 13 low | high Med: 79.5 | |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10451 |
| School District | Alfred E Smith Career-Tech High |
| Elementary School | Ps 1 Courtlandt School |
| High School | Alfred E Smith Career-Tech High |
| Listing VS Median (in 10451) | |
Price: $1,000,000 low | high Med: $297,000 sqft: 2,112 low | high Med: 661 $ / sqft: $473 low | high Med: $450 On site: 13 low | high Med: 79.5 | |