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1991 Morris Avenue
Townhouse in Tremont •  building info
8bd • 3ba • 3,280ft² $335 per ft²
Sold price

$1,100,000

Key Details
Days on market
286
Last price change
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Estimated payment
$6,499/mo
Taxes
$403/mo
Maintenance
N/A
Description
Presenting a fantastic investment opportunity at 1991 Morris Ave, a spacious three-family property offering a total building size of 3,280 sqft. Located in a prime area, this property consists of three well-maintained units, providing both comfort and income potential. Unit Breakdown: First and Second Floors: Each unit features 3 generous bedrooms, providing ample space for families or tenants seeking comfortable living arrangements. Walk-In Unit (Ground Floor): A cozy 2-bedroom unit, perfect for tenants who prefer easy access and convenience. Income Potential: This multi-family home is currently generating a monthly rental income of $7,795, making it an excellent source of steady cash flow. Whether you are looking to live in one unit and rent out the others, or prefer a fully income-generating property, 1991 Morris Ave offers incredible value. Key Features: Total Building Size: 3,280 sqft Three units: 2 units with 3 bedrooms and 1 walk-in unit with 2 bedrooms Current Monthly Rental Income: $7,795 Ideal for investors or owner-occupiers This property is not only a great addition to any real estate portfolio but also offers a prime location with easy access to nearby amenities, schools, and transportation.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,100,000
Asking Price: $1,100,000
Term
30 Years
Down Payment
$110,000 (10%)
Min: 10% (110,000)
Rate
6.25 %
Mortgage Amount
$990,000
Mortgage Payment
$6,096
Taxes
$403
Estimated closing cost
$41,000
Total monthly cost $6,499
Listing Courtesy of 5 Boro Realty Corp

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