301 E 162nd St Bronx, NY 10451

Perfect for investors seeking a low-maintenance rental property with an excellent ROI.
This 20-foot wide limestone townhouse with a large, paved garden is located on a quiet block comprised of townhouses and small rental buildings in the Grand Concourse section of the Bronx. Currently used as a group home, its lessee is a long-established corporation with several locations throughout the city. The property has 4 bedrooms, 5 offices, 4 bathrooms, a common living room, dining room and a single commercial kitchen. The basement is four steps below garden level. It is finished and functions as a combination of a rec room, exercise room and laundry room. The systems are in good working order, as is the building. Sold with tenants and long-term lease with built-in increases. Located within close proximity to Yankee Stadium easy accessible via Metro North, B, D and 4 trains to 161st Street & Yankee Stadium.