BEDS9
BATHS3 full
MLS#1009825
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBronx 11
Property Description
2 fully occupied apartments 3rd Floor Unit Comes Vacant. $6,667/mo gross income New construction.Excellent condition, minimal maintenance Tenants pay heat & electric.Low landlord expenses. Non-Article XI. Maximum rent flexibility.Finished basement provides additional usable space.Exceptional investment opportunity! This non-Article XI multifamily property features three spacious apartments, each offering 3 bedrooms and 1 full bathroom. The building also includes a finished basement, providing additional usable space and flexibility. Recently constructed from the ground up, this property is in excellent condition and requires minimal maintenance. Tenants are responsible for their own heat and electric, while the landlord pays only water and insurance, helping to maximize net operating income. Ideally located in a prime area close to shopping, restaurants, schools, public transportation, and major highways, this property offers strong rental appeal and long-term investment potential. Whether you are looking to expand your portfolio or acquire a turnkey income-producing asset, this is an opportunity you do not want to miss.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Other
Lot Size: 0.05 Acres
Taxes: $4,830
Year Built: 2002
Amenities
First Floor Bedroom
First Floor Full Bath
Other
Primary Bathroom
Feature Descriptions
Building Area Total: 3276
Exterior: Brick
On Market Date: 2026-06-05
Parcel Number: 04512-0008
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: See Remarks
Water: Public
Local Schools
High School: Bronx Academy Of Health Careers
Middle School: Astor Collegiate Academy
Elementary School: Baychester Academy
School District: Bronx 11
Estimate Your Payment
Estimated Payment
$ 5,745.36 per month $5,051.49 Principal & Interest $402.50 Property Tax $291.38 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Link NY Realty
Agency Contact: 646-827-2256
Shown By
Agent Name: Mohammad Khan
Agent Phone: (516) 796-8900
Agency Title: Coldwell Banker American Homes
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2722 Wallace Avenue | MLS# 1009825
This multi-family property located at 2722 Wallace Avenue , Bronx, NY 10467 is currently listed for sale with an asking price of $999,000. Wallace Avenue is located within the Bronx 11 school district. Search Bronx real estate on mohammadkhan.cbamhomes.com today.