963 E 225th St Bronx, NY 10466
Wakefield NeighborhoodEstimated payment $4,406/month
About This Home
Highest & Best By March-5-2025 Turnkey Investment Opportunity – Fully Renovated Property with Guaranteed Income!
This beautifully renovated property offers everything you need for a worry free investment. With a completely new roof and brand new 2025 renovations throughout, this home offers immediate income generation.
The top floor offers a spacious 4 bedroom 2 bathroom duplex.
The bottom floor offers a ground level 2 bedroom 1 bathroom apartment.
Key Features:
• 6 Long-Term Parking Spaces rented at $150 per car, providing an additional $900 in monthly rental income
• Spacious Yard perfect for outdoor expansion
• 2 Large Storage Rooms for added convenience
• Separate Boiler Room for easy maintenance
• Long Driveway with room for up to 3 additional cars
• 2 Floors with modern updates and a smart layout
• 2 Income Producing Tenants already in place with top-tier rents, funded by the government and paid on time every month:
• Upstairs Tenant: $3,868/month
• Downstairs Tenant: $3,027/month
With a total monthly income of $7,795, you’ll never have to worry about missing a mortgage payment or late rent. This property is 100% turn key with tenants already secured—no time wasted searching for tenants or managing renovations. It’s ready to start generating income immediately!
Whether you’re a first-time investor or looking to expand your portfolio, this property offers a hassle-free opportunity to earn reliable, government backed rental income every month.
Don’t miss out on this fantastic opportunity—buy today and start earning tomorrow!
Listing Agent
YourHomeSold Guaranteed Realty License #10311202741 Listed on: 02/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,998
Year Built
- Built in 1960
Lot Details
- 2,725 Sq Ft Lot
Parking
- 7 Car Garage
Home Design
- Property Attached
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
- Hot Water Heating System
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 04861-0018
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,138 | $26,375 | $4,877 | $21,498 |
| 2024 | $4,138 | $24,883 | $4,411 | $20,472 |
| 2023 | $4,184 | $24,883 | $4,725 | $20,158 |
| 2022 | $4,068 | $31,860 | $7,200 | $24,660 |
| 2021 | $3,994 | $33,420 | $7,200 | $26,220 |
| 2020 | $3,747 | $33,720 | $7,200 | $26,520 |
| 2019 | $3,442 | $34,200 | $7,200 | $27,000 |
| 2018 | $3,342 | $20,736 | $5,855 | $14,881 |
| 2017 | $3,632 | $20,578 | $6,299 | $14,279 |
| 2016 | $3,325 | $19,414 | $5,795 | $13,619 |
| 2015 | $1,996 | $18,316 | $7,636 | $10,680 |
| 2014 | $1,996 | $17,280 | $7,980 | $9,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Pending | -- | -- | -- |
| 04/01/2025 04/01/25 | For Sale | $749,000 | 0.0% | $423 / Sq Ft |
| 03/21/2025 03/21/25 | Pending | -- | -- | -- |
| 02/26/2025 02/26/25 | For Sale | $749,000 | +20.8% | $423 / Sq Ft |
| 05/23/2024 05/23/24 | Sold | $620,000 | +3.5% | $350 / Sq Ft |
| 03/22/2024 03/22/24 | Pending | -- | -- | -- |
| 02/05/2024 02/05/24 | For Sale | $599,000 | -- | $338 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $620,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $608,770 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | No Value Available |
Source: OneKey® MLS
MLS Number: 828480
APN: 04861-0018
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