Douglas Elliman has been retained on an exclusive basis to arrange the sale of 1122 Fox St, a 5,280 sqft, four-unit, walk-up townhouse, in the Foxhurst section of the Bronx. This residential building contains four floor-through, oversized apartment units. Featuring 17 bedrooms in total A $250,000 investment was made into the property in 2018, which contributes to its low operating costs and above-market cap rate. Tenants pay for their own electric, cooking gas, and hot water, while the owner pays for the building's heat. With current income the property boasts a cap rate of 9.1%, and given the updated rent guidelines an investor could achieve almost 11% as the leases are renewed. Local shopping along the Westchester Ave and Southern Blvd commercial corridors. Conveniently located along the MTA's number 2 and 5 train lines, only two blocks from the Simpson Street station
H6275734
Residential - Townhouse, Multi-Family, Townhouse
17
4 Full
1901
Bronx
0.05
Acres
Public
Frame,Stucco
Public Sewer
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Data Provided by ATTOM Data Solutions
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
Data Provided by Walk Score®
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Data Provided by ATTOM Data Solutions
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