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$837,000
List Price: $850,000
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506 E 183rd Street
House in East Tremont •  building info
7bd • 3ba • 1,316ft² $646 per ft²
Buy with Yoreevo

$837,000

List Price

$850,000

Key Details
Days on market
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Last price change
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Estimated payment
$5,028/mo
Taxes
$318/mo
Maintenance
N/A
Description
Welcome to 506 E 183rd Street, an exceptional, fully renovated legal 2-unit home offering a prime investment opportunity in the heart of the South Bronx. This meticulously updated property is ideal for investors looking to expand their portfolio or buyers seeking strong rental income potential. The upper level features a spacious 7-bedroom, 3-bathroom duplex, completely transformed for modern living. The residence showcases luxurious finishes and contemporary design throughout. The modern kitchen offers sleek countertops, high-end stainless steel appliances, and ample storage, making it perfect for everyday living and entertaining. The elegant bathrooms include stylish fixtures and beautiful tilework, creating a spa-like atmosphere. The expansive layout provides plenty of room to enjoy both privacy and shared living areas. The lower level includes a separate 2-bedroom, 1-bathroom walk-in unit that offers excellent flexibility. It can be used as an income-producing rental, guest accommodations, or additional living space, significantly enhancing the property’s overall value. With its own private entrance, the unit offers comfort and privacy while remaining part of the same building. Located in a thriving South Bronx neighborhood undergoing rapid growth and revitalization, 506 E 183rd Street is conveniently close to major transportation, shopping, dining, parks, and schools, making it highly appealing to both occupants and tenants. With modern updates, generous square footage, and a prime location, this property stands out as a rare opportunity in the South Bronx market.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$850,000
Asking Price: $850,000
Term
30 Years
Down Payment
$85,000 (10%)
Min: 10% (85,000)
Rate
6.25 %
Mortgage Amount
$765,000
Mortgage Payment
$4,710
Taxes
$318
Estimated Yoreevo rebate
$13,000
Estimated closing cost
$25,000
Total monthly cost $5,028
Buy your dream home with us and get an estimated $13,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of WW Realty Group Inc

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.