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Property view

3110 E Tremont Avenue, 
Bronx, NY 10461

$1,278,000


6

Beds


4

Baths


-

Sq Ft


Multi-Family

Sold

Listed by

Jiangwei Zhou

Bought with B Square Realty Inc

eXp Realty

MLS#

3489420

Source:

OneKey MLS

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About This Home

3110 E Tremont Avenue

Perfect time to own a restaurant and two family in the heart of the vibrant Bronx neighborhood. This mixed-use property showcases a perfect blend of commercial and residential possibilities, offering an exceptional opportunity for owners to build their dream business or bolster their investment portfolio. The ground floor reveals a vast commercial space currently generating $3500 in rent, ideal for a variety of retail or business activities. The high-visibility storefront and heavy foot traffic offer the perfect backdrop for your business, with a potential rental income of up to $4000. Above, discover two available residential units, currently earning $1800 and $1700 for the second and third floors respectively. These well-lit, spaciously laid-out units hold potential for an increased rental income of up to $2500 each, making this property a promising investment for steady rental income - pro income can be 7.3% CAP. Embodying a unique fusion of commercial and residential prospects, this property stands as a lucrative investment in the bustling local rental market. Don't miss out on the chance to capitalize on this dynamic mixed-use opportunity nestled in the sought-after Bronx locale!

Home Facts

Multi-Family

4 Baths

6 Bedrooms

Built in 1932

Price Summary

1,360,000

MLS #:

3489420

Sold:

June 9, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4


Structure

Structure

Architectural Style:

Store+Dwell

Year Built:

1932


Lot

Lot Size (Sq. Ft):

2,640


Finances & Disclosures

Finances

Price:

$1,360,000

Source:OneKey MLS
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