Property Description

Exceptional Investment opportunity in the heart of the Bronx! 2753 Wallace Avenue is a legal 4 family property delivered fully vacant. with two additional basement apartments, offering significant upside for investors, developers, or end users looking to customize a multi unit asset. the property is fully gutted and ready for renovation, providing a blank canvas to design and build to your vision. Configured as four legal residential units with two basement units, this property offers the potential for strong rental income once completed. ideal for investors looking to add value through renovation and maximize returns in a high demand rental market. Conveniently located near public transportation, major highways, shopping, restaurants, schools, and parks. Easy access to manhattanand surrounding boroughs makes this location highly desirable for tenants. Bring your contractor and architect and unlock the full potential of this rare bronx multi family opportunity. FULLY VACANT!!!!! Gross income with market rents can be as high as 182,928. best of all there are Seperate meters and water tanks for each unit which brings the expenses of the building very low cost.

Property Features