3011 Middletown RD Active

Bronx,NY 10461

$ 1650000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY832249

Year Built 1925

Annual Tax Amount $22,256

Lot Size 2,374 Sqft

Property Sub-Type Mixed Use

Property Description

Exceptional mixed-use property, a unique investment opportunity that combines commercial and residential spaces in one prime location. Situated in the heart of Pelham Bay, this property features a nail salon storefront, perfect for attracting foot traffic and generating steady commercial income. Above the salon, you'll find three well-appointed apartments, two 3 bedrooms and one two bedroom each designed to offer comfortable and modern living spaces. These units are ideal for maximizing your rental portfolio along with the apartments & commercial space, the property includes a separate three-bedroom house in the back. This spacious home provides a private and serene living environment, perfect for a family seeking more room and a sense of privacy. With its blend of commercial and residential spaces, this property offers a versatile and potentially lucrative investment. Don't miss out on this rare opportunity to own a mixed-use property in a sought-after location. Contact us today to schedule a viewing & for a well drawn up Pro-Forma of current, current with rent increase, current with maximized rent increase, remodel & full occupancy. Cap rate potential is 10%.

Location

State NY

County Bronx County

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Flooring Wood

Exterior

Fence Back Yard

Utilities Available Natural Gas Available

Building

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

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