Rare opportunity to add this vacant four-family property at 1171 Colgate Ave to your real estate portfolio. The home is located in rapidly developing Soundview Section of the Bronx and Conveniently located near the MTA 6 train at Elder Ave station. This property offers an excellent multifamily investment opportunity.
The building features four residential units:
1 × 3-bedroom apartment
3 × 2-bedroom apartments
Each apartment has its own separate gas-fired boiler providing both heat and hot water, allowing for individual control of heating and hot water expenses.
The property also includes a high-ceiling, walk-out basement that is currently unfinished, offering potential for additional storage or future use, subject to applicable zoning and permits.
Delivered vacant, the property provides investors with flexibility to renovate, reposition, and maximize its rental income potential.
Call today to schedule your viewing before it gone.
Property Features
Utilities
Natural Gas Available
Cable Available
Electricity Available
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Available
Sewer Connected
Water Available
Water Connected
Parking
Carport
Driveway
Off Street
Heating Information
Baseboard
Natural Gas
Basement
Unfinished
Walk-Out Access
Cooling Information
None
Water Features
Public
School Information
School Information for 1171 Colgate Avenue, Bronx, NY 10472
Elementary School
Ps 152 Evergreen
Middle School
Jhs 123 James M Kiernan
High School
Contact Agent
Listing Courtesy: Han Tang Realty Inc. - 718-513-1111