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618 Mead Street
House in Van Nest •  building info
11bd • 7ba • 3,060ft² $392 per ft²
Sold price

$1,200,000

Key Details
Days on market
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Last price change
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Estimated payment
$7,405/mo
Taxes
$755/mo
Maintenance
N/A
Description
Introducing an outstanding investment opportunity in the vibrant Bronx neighborhood. Built in 2009, this impressive property spans 3,060 square feet, comprising three separate units, each with three bedrooms and two bathrooms. Additionally, a finished basement with two bedrooms adds to its rental potential. Tenants enjoy the convenience of paying for all utilities, including heat, hot water, and electricity. The property's solid brick construction ensures durability and low maintenance costs over time. Strategically located near transportation hubs and major shopping centers, this property offers accessibility and convenience to residents. Its proximity to amenities attracts quality tenants, contributing to high occupancy rates. With limited space for new construction in the Bronx, owning this property presents a unique opportunity for long-term appreciation and stability. Furthermore, the property fosters a community atmosphere, with respectful and friendly tenants adding to its appeal as a solid investment. Don't miss out on this chance to secure a lucrative income-producing property in one of New York City's most dynamic boroughs. Contact us today to schedule a viewing and seize this exceptional investment opportunity.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,200,000
Asking Price: $1,200,000
Term
30 Years
Down Payment
$120,000 (10%)
Min: 10% (120,000)
Rate
6.25 %
Mortgage Amount
$1,080,000
Mortgage Payment
$6,650
Taxes
$755
Estimated closing cost
$44,000
Total monthly cost $7,405
Listing Courtesy of Century 21 Galvez

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