3969 Carpenter Avenue

New York NY 10466

3471 sq. ft.

2225 sq. ft.

Duplex

Currently for sale - view listing

Overview

Exceptional Investment Opportunity – Legal 3-Family Property in the Bronx Rare opportunity to own a legal 3-family income-producing property in the Bronx, offering strong current rental income, flexible living space, and significant potential for future rental growth. Property Configuration 1st Floor + Basement 2-bedroom / 2-bathroom apartment Current rent: $2,600/month Finished basement providing big additional flexible space 2nd Floor 3-bedroom / 2-bathroom apartment Current rent: $2,600/month 3rd Floor 3-bedroom / 2-bathroom apartment Current rent: $2,600/month Property Taxes: $10,486/year Insurance: $3,730/year Total Property Tax & Insurance: $14,216/year Below-Market Rents: Current rents are below estimated market levels, providing meaningful potential for future rental growth Tenants pay their own heat and gas Property Highlights Legal 3-Family Property Approximately 3,471 SF 3 units / 8 bedrooms / 6 bathrooms Three full residential floors Flexible 2-bedroom and 3-bedroom layouts Finished basement with additional flexible space Strong current rental income with significant potential for rent increases Relatively low property taxes and insurance expenses Excellent opportunity for investors seeking current cash flow and future rental upside

Features

11 bedrooms

6 bathrooms

1 carspace

3471 sq. ft. floor area

2225 sq. ft. lot size

Duplex

Property history for 3969 Carpenter Avenue

2022

Rented

Undisclosed

31 Mar 2022 by Realmart Realty LLC

2022

Rented

Undisclosed

31 Mar 2022 by Realmart Realty LLC

2018

Sold

$567,000

04 Sep 2018 by Theodore Weinstein, of Rising Realty NY LLC

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