1101 Morris Park Avenue, Bronx, NY 10461 (MLS # 4854718)

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PRICE $750,000 dsIDX morgage calculator
BEDS 3
BATHS 4 baths
HOME SIZE 3,572 sq ft
LOT SIZE n/a

NOT ONLY AN OPPORTUNITY TO LIVE RENT FREE, but a GOLDEN OPPORTUNITY to make EXTRA INCOME without working. Here's how. Put 20% down ($150,000) on this property and you live in a 6 room duplex apartment Market Rent $2,500/month) Rent out the legal street level "LEGAL" medical office for $4,800/month and your 5.5% 30 year mortgage of $3,407/mo is paid leaving you with $1,393/month or $16,716/year for Taxes: $4,470, Insurance: $3,000, Water/Sewer: $2,000, Maintenance: $2,400 Total Projected expenses as Tenant pays heat and electric for a cost of $11,870. YOU NET $4,846 per year (subject to credit and management ability) plus $2500/mo cash equivalency of your own apartment or $30,000 for a grand total of $34,846 of which $30,000 is what you would pay for a one family rental. This property wont last. No pun intended but MOVE ON IT QUICKLY Give yourself and your family cash free living accommodations for the new year. CALCULATIONS ARE SUBJECT TO CREDIT STANDING & ONES ABILITY 2 MANAGE

LAST UPDATED 12/5/2018 YEAR BUILT 1950
COMMUNITY Bronx COUNTY Bronx County
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
School District Bronx
Elementary School Call NYC DOE
Jr. High School Call NYC DOE
High School Call NYC DOE


ADDITIONAL DETAILS
AIR Central
AIR CONDITIONING Yes
AREA Bronx
BASEMENT None
GARAGE None
HEAT Base Board, Hot Water, Natural Gas
LOT DESCRIPTION Level
SEWER Sewer
STYLE Colonial
TAXES 4470
WATER Municipal
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 1101 MORRIS PARK AVENUE
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Listed with Richard Greco Real Estate
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Date Last Updated: 12/13/18 1:34 AM PST

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