4429 Carpenter Avenue
4429 Carpenter Avenue
$1,515,000
—
5,375
5,375
$282
Description
7-unit multifamily, 5.3% cap rate, fully-occupied and well maintained property located in the Bronx, just two blocks from the 2 / 5 train! This income-generating asset offers a stable and lucrative investment with gross income of $143,000 annually. All units are fully occupied and leased ensuring consistent cash flow with the potential for rent increases. Unit Mix and Rents: This is a special delimiter sentence. This is a special delimiter sentence - Apt. 1: This is a special delimiter sentence....7-unit multifamily, 5.3% cap rate, fully-occupied and well maintained property located in the Bronx, just two blocks from the 2 / 5 train! This income-generating asset offers a stable and lucrative investment with gross income of $143,000 annually. All units are fully occupied and leased ensuring consistent cash flow with the potential for rent increases. Unit Mix and Rents: This is a special delimiter sentence. This is a special delimiter sentence - Apt. 1: This is a special delimiter sentence. This is a special delimiter sentence $1,546.64 - 1 bedroom - Apt. 2: This is a special delimiter sentence. This is a special delimiter sentence $1,577.93 - 1 bedroom - Apt. 3: This is a special delimiter sentence. This is a special delimiter sentence $1,721.74 - 2 bedroom - Apt. 4: This is a special delimiter sentence. This is a special delimiter sentence $1,962.40 - 1 bedroom - Apt. 5: This is a special delimiter sentence. This is a special delimiter sentence $1,968.71 - 2 bedroom - Apt. 6: This is a special delimiter sentence. This is a special delimiter sentence $1,600.00 - 1 bedroom - Apt. 7: This is a special delimiter sentence. This is a special delimiter sentence $1,548.75 - 1 bedroom Key property features include: - Recent Improvements: Recently painted hallways, a repointed brick facade, a roof under 10 years old, a newly installed front walkway, and plans for a new intercom system installation. Recently painted hallways, a repointed brick facade, a roof under 10 years old, a newly installed front walkway, and plans for a new intercom system installation - Expenses: Annual expenses total $62,402.46, broken down as electricity ($960), water ($8,000), heating oil ($26,021.90), and property taxes ($27,420.56). Annual expenses total $62,402.46, broken down as electricity ($960), water ($8,000), heating oil ($26,021.90), and property taxes ($27,420.56) - Stable Tenancy: With all units currently occupied the property is already income producing. Ideal for anyone seeking a robust investment in a thriving community. Property sold as-is.
- Listed by Yasin Benzawi • eXp RealtyP: 888-276-0630 C: 888-276-0630 Benzawyx@gmail.com
Property Details for 4429 Carpenter Avenue
Garage Spaces
.00
Location
LISTING UPDATED: 04/18/2024 03:12 PM
Property Details for 4429 Carpenter Avenue
Status | Active |
---|---|
MLS ID | H6301563 |
Days on Market | 13 |
Taxes | $27,420 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1927 |
Lot Size | 2,500 SF / 25' x 100' |
County | Bronx County |
Building
Location
Building Information for 4429 Carpenter Avenue
Stories3Residences7Year Built1927Building Size21.5' x 83'Building Sq. Ft5,353.5 SFLot Size2,500 SF / 25' x 100'Building Age-Building Type-
Payment Calculator
$10,553 per month
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Property Information for 4429 Carpenter Avenue
Property History for 4429 Carpenter Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4429 Carpenter Avenue
Taxable ValueLand$6,750Additions$351,450Total$358,200
Home Facts
Total Finished SqFt5,375 SqFtLot Size2,499 SqFtYear Built1927ZoningR5APN2050660056
Schools near 4429 Carpenter Avenue
This home is within Nyc Geog District #11 - Bronx.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Matilda Avenue School (The) PublicK to 5 | ||
North Bronx School of Empowerment Public6 to 8 | ||
The Bronx Preparatory Academy Public9 to 12 | ||
New World High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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