Welcome to Soundview (Clason Point) section of the Bronx. This property 505 Taylor Ave is an exceptional investment opportunity nestled in the vibrant community of Bronx, NY. This immaculately maintained brick triplex, built in 2007, offers a compelling blend of modern design and reliable income potential, ideal for the discerning investor. Spanning a generous 3,111 square feet, this property boasts nine well-appointed bedrooms and six full bathrooms, distributed across three expansive apartments. Each unit features a thoughtful layout that includes a master bedroom with an ensuite bathroom, two additional large bedrooms, a second full bath, and an inviting living room that flows seamlessly into an open concept kitchen and dining area. Quality finishes like gleaming hardwood floors enhance the warmth and elegance of the space, while abundant windows bathe each apartment in natural light, creating a welcoming ambiance for tenants. The contemporary kitchens are perfect for hosting and entertaining, cementing this property's appeal in the rental market. A huge full basement with lots of potentials with 2 entrances front and walk out to the backyard. Each apartment has it's own boiler and hot waters heater tenants are resppnsibly for their own utilities. With eight years of tax abatement remaining, investors will appreciate the extremely low taxes that increase the profitability of this income-producing machine. Additionally, the convenience of long drivewaway that has room for six private parking spaces adds to the desirability for prospective renters. Lot of backyard space for entertainment and family gatherings. Situated in a dynamic neighborhood with easy access to amenities, close to stores, restaurants, schools, banks, Soundview Park and close to transportation buses, trains. You also have easy access to the NYC Ferry with stops from Soundview (Clason Point Park) to 4 different stops Manhattan. This makes travaling to the City that much easier and hassle free. 505 Taylor Ave is not only a wise investment but also a turnkey solution for generating substantial rental income. Capitalize on this rare opportunity to own a top-tier, investor-friendly apartment building in one of New York's burgeoning boroughs. Schedule a Private Showing

Listing courtesy of ONEKEY / eXp Realty

Last checked: Checking… • Last updated Nov 30, 2024 • Source: ONEKEY

MLS# 801868 — Report a problem