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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!PROPERTY FEATURES
Water Source :
Public
Parking Features:
On Street
Cooling:
Wall Unit(s)
Heating :
Natural Gas
Construction Materials:
Brick
Basement :
Walk-Out Access
PROPERTY DETAILS
Street Address: 763 Jackson
City: Bronx
State: New York
Postal Code: 10456
County: Bronx
MLS Number: ONEH6332638
Year Built: 1910
Courtesy of eXp Realty
City: Bronx
State: New York
Postal Code: 10456
County: Bronx
MLS Number: ONEH6332638
Year Built: 1910
Courtesy of eXp Realty
Courtesy of Douglas Elliman Real Estate
