BEDS6
BATHS5 full
MLS#980075
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Prime block construction with brick veneer, multi-family investment opportunity in the highly desirable Pelham Bay section of the Bronx!This turnkey, income-producing property is ideal for investors seeking strong cash flow or owner-occupants looking to live in one unit while generating rental income.The property features three well-maintained units:Top Floor: Spacious 3-bedroom, 2-bathroom unit with an open floor plan, hardwood floors, large living area, and private balcony, cathedral ceilings. Second Floor: Bright 3-bedroom, 2-bathroom unit with open layout and private balcony and rear deck to access the back yardFirst Floor: Studio layout, perfect for additional rental incomeAdditional highlights include:Solid all-block construction with brick veneer front Three separate gas boilersFour hot water heatersTenants pay all utilitiesStrong income potentialConveniently located near shopping, dining, and retail along East Tremont Avenue, with easy access to major highways and public transportation.This is a rare opportunity to own a low-maintenance, high-performing asset in one of the Bronx's most sought-after neighborhoods. can be sold as a package deal
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Garage: 1
Heating: Hot Water, Natural Gas
Home Style: Colonial
Lot Size: 0.06 Acres
Taxes: $9,774
Year Built: 1999
Amenities
Entrance Foyer
Feature Descriptions
Building Area Total: 3412
Cap Rate: 6
Days on Site: 7
Exterior: Block, Brick, Vinyl Siding
Flooring: Hardwood
GarageY/N: Yes
Heating Units: 3
Heating Zones: 3
Included In Taxes: Sewer, Trash
Inclusions: all appliances, coin operated laundry
On Market Date: 2026-04-07
Other Expense: 1338
Parcel Number: 05347-0158
Parking Features: Attached, Driveway, Garage
Parking Total: 2
Property Attached Y/N: 1
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 4
Separate Gas Meters: 4
Sewer: Public Sewer
Tenant Pays: All Utilities
Units: 3
Utilities: Electricity Connected, Natural Gas Connected
Water: Public
Listed By / Shown By
Listing By
Agency Name: Morris Park Realty Group
Agency Contact: 718-881-1923
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 4,326.04 per month $3,104.67 Principal & Interest $814.50 Property Tax $406.88 Homeowner's InsuranceChange Payment Information
1305 Balcom Avenue | MLS# 980075
This multi-family property located at 1305 Balcom Avenue, Bronx, NY 10461 is currently listed for sale with an asking price of $1,395,000. Search Bronx real estate on www.realtymark.net today.