262 W 236th St Bronx, NY 10463

Calling all investors and homeowners looking for income-producing properties! Fantastic investment opportunity to own a brick 2-family home in the very desirable neighborhood of Riverdale in the Bronx. Live in one unit and rent out the other for additional income. This brick building is 22 ft x 46 ft and is situated on a 25 ft x 90 ft lot. It features a 1 car garage and a parking space for 1 car and has a nicely sized backyard. Both units are currently occupied and paying under-market rents. Average rents in Riverdale are over $30/sf for renovated units. The 1 train station is 2 blocks away at West 238th Street; Manhattan College is minutes from this area and all major roads and highways are extremely close including I-87 Major Deegan, Henry Hudson Pkwy and Mosholu Pkwy making this location central to Manhattan and Westchester counties. Priced competitively to move quickly. The property adjacent to 266 West 236th and is also for sale and listed at $549K. Both buildings can be purchased together or individually. If purchased together, the lot size is approximately 50 ft x 90 ft with a huge opportunity and upside.