5 Beds
4 Baths
1,698 Sqft Lot
5 Beds
4 Baths
1,698 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 933219
Style Mini Estate
Bedrooms 5
Full Baths 4
Rental Info No
Year Built 1905
Annual Tax Amount $3,374
Lot Size 1,698 Sqft
Acres 0.039
Property Sub-Type Duplex
Source onekey2
Property Description
The building includes two spacious two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment, all with comfortable layouts and great rental appeal. The storefront adds an additional income source or can be used for your own business. With a projected total rental income of approximately $10,000 per month and an estimated 10–11% CAP rate, this property offers impressive returns and reliable cash flow.
Whether you're an investor looking for a high-yield opportunity or a buyer interested in living in one unit while your tenants cover most of the mortgage, 1241 College Ave offers flexibility and long-term value. Conveniently located near major transportation, schools, shopping, and local amenities, this property provides both convenience and potential in one of the Bronx's most active neighborhoods.
Don't miss your chance to own this income-generating property in a prime Bronx location. Contact Emran Bhuiyan at Emran Estates Realty for more details or to schedule a private showing.
Location
State NY
County Bronx County
Rooms
Basement Full, Partially Finished
Interior
Interior Features First Floor Bedroom, First Floor Full Bath
Heating Radiant
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Off Street
Utilities Available Electricity Available, Natural Gas Available
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 53 Basheer Quisim
Middle Schools Jhs 22 Jordan L Mott
High Schools Bronx 9
School District Bronx 9
Others
Senior Community No
Special Listing Condition None
MORTGAGE CALCULATOR
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104 West 40th Street 4th Floor, New York, NY, 10018, USA