Welcome to 763 Jackson Ave, an incredible investment opportunity in the vibrant South Bronx. This four-family property boasts a strong 7.8% cap rate and includes an on-site super, making it an ideal income producer. The property features a total annual rent roll of $100, 068, with annual expenses of $22, 035, leaving an impressive Net Operating Income (NOI) of $78, 033.The unit breakdown is as follows:Unit 1: 1 bedroom, 1 bathroom Unit 2: 1 bedroom, 1 bathroomUnit 3: 2 bedrooms, 1 bathroom Unit 4: Spacious 5-bedroom, 1-bathroom unit (can be delivered vacant)Located just a short distance from the 2 and 5 trains, this property provides easy access to public transportation and is less than 20 minutes from Manhattan. It’s also close to local shopping centers, adding to the convenience for tenants.Don’t miss out on this gem whether you’re a seasoned investor or just starting out, 763 Jackson Ave offers exceptional income potential in a prime location!
Bedroom: 10 Full Bath: 4
Lot Size: 0.0369 Lot Sq Ft: 1607 Approx. Int. Sq. Ft.: 4113.00 Parking Spaces: Yes Parking Facilities: On Street
Heat: Natural Gas, Radiant A/C: Wall/Window Unit(s) Water: Public Sewer: Public Sewer
Taxes: $7,011 Maintenance: $1,300
School District#: 1 School District: Contact Agent
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