$649,000
●
Multifamily -
Off Market
2427 Lorillard Place
Bronx, NY 10458
6 Beds
3 Baths
$3,570
Estimated Monthly
$0
HOA / Fees
17.40%
Cap Rate
About This Property
Allow us to introduce you to 2427 Lorillard Place, a promising
investment opportunity nestled in the vibrant Belmont neighborhood
of the Bronx. This corner property boasts two legal units, offering
a lucrative prospect for investors seeking income potential.
Complemented by a finished basement, this home provides versatile
space adaptable to various uses, whether for additional living
quarters, storage, or a customized setup tailored to your
investment strategy. Strategically located in close
proximity to Fordham University and the renowned Arthur Avenue,
this property holds immense appeal. The proximity to Fordham
University positions this property as an attractive option for
persons seeking accommodations, ensuring a steady rental income
stream. Moreover, the allure of Arthur Avenue, celebrated for its
authentic Italian cuisine and cultural offerings, adds to the
property's attractiveness and potential for tenant interest.
Investment possibilities abound with 2427 Lorillard Place.
The dual legal units offer a reliable avenue for rental income,
while the adaptable finished basement opens doors for creative
utilization, catering to varied tenant needs or your personalized
investment plans. Additionally, the property's location in a
thriving neighborhood suggests promising appreciation potential,
given its proximity to educational institutions and cultural
hotspots. Whether you're an investor eyeing a steady
income flow from rentals or someone with a vision for property
appreciation, this Belmont gem presents an exciting canvas for your
investment aspirations. Contact the Padernacht Real Estate Team
today to delve into the possibilities offered by 2427 Lorillard
Place!
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$383
HOA Dues
-
Year Built
1905
Last updated: 2 months ago (OneKey MLS #ONEH6280997)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 25, 2023 | Listed by Keller Williams Realty NYC Grp | $649,000 | |
Listed by Keller Williams Realty NYC Grp |
Property Highlights
Air Conditioning
Parking Details
Parking Features: None
Interior Details
Bathroom Information
Full Bathrooms: 3
Interior Information
Interior Features: Eat-in Kitchen
Basement Information
Basement: Finished, Full, Partially Finished, See Remarks, Walk-Out Access
Exterior Details
Property Information
Square Footage : 2154
Architectual Style: Two Story
Property Type: Residential Income
Property Sub Type: Multi Family
Road Responsibility: Public Maintained Road
Year Built: 1905
Year Built Source: Estimated
Year Built Effective: 2020
Building Information
Building Area Units: Square Feet
Construction Methods: Frame, Vinyl Siding
Lot Information
Lot Features: Corner Lot, Near Public Transit
Lot Size Acres: 0.05
Lot Size Square Feet: 2252
Land Information
Water Source: Public
Water Source: Gas Stand Alone
Financial Details
Tax Annual Amount: $4,590
Utilities Details
Cooling: Yes
Cooling: Window Unit(s)
Heating: Natural Gas, Hot Water
Sewer : Public Sewer
Location Details
Directions: 188th Street to Lorillard Place
County or Parish: Bronx
Other Details
Selling Agency Compensation: 2
On Market Date: 2023-12-25
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
6
Beds
3
Baths
-
$715,000
Jul 25, 2023
$715,000
Oct 20, 2023
$267/mo
Sold
Multifamily
6
Beds
3
Baths
-
$715,000
Jul 25, 2023
$715,000
Oct 20, 2023
$267/mo
Multifamily
6
Beds
4
Baths
-
$649,500
Apr 22, 2019
$649,500
Aug 26, 2019
$118/mo
Multifamily
5
Beds
3
Baths
-
$695,000
May 7, 2021
$695,000
Oct 20, 2021
$437/mo
Multifamily
5
Beds
3
Baths
-
$698,700
Jan 4, 2023
$698,700
Jul 28, 2023
$235/mo
Multifamily
5
Beds
2
Baths
-
$515,000
Nov 26, 2021
$515,000
Mar 7, 2022
$330/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|