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630 East 230th St
House in Wakefield •  building info
10bd • 4ba
Sold price

$1,059,000

Key Details
Days on market
157
Last price change
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Estimated payment
$6,444/mo
Taxes
$576/mo
Maintenance
N/A
Description
With a steady monthly income of over $9,000 and a cap rate of 9%, this beautifully renovated multi-family home offers an incredible investment opportunity with even more potential for added value. Located just steps from shopping, dining, entertainment, transportation, and a hospital, this legal two-family property is ideal for investors or first-time homeowners seeking to live rent-free. The home features two units on each floor: First Floor: Two apartments – one with 2 bedrooms and 1 full bathroom, and the other with 1 bedroom and 1 full bathroom. Second Floor: Two similar apartments – one with 2 bedrooms and 1 full bathroom, and the other with 1 bedroom and 1 full bathroom. The full and finished basement provides additional utility, and each floor is equipped with its own boiler and water heater, ensuring efficiency and ease of management. All tenants are in good standing and are cash-paying, offering reliable and consistent income. Public transportation is conveniently located just a few blocks away, making this property even more desirable. Opportunities like this don’t come around often – schedule your showing today!

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,059,000
Asking Price: $1,059,000
Term
30 Years
Down Payment
$105,000 (10%)
Min: 10% (105,000)
Rate
6.25 %
Mortgage Amount
$953,100
Mortgage Payment
$5,868
Taxes
$576
Estimated closing cost
$40,000
Total monthly cost $6,444
Listing Courtesy of Nareema Baksh

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