982C Rogers Place , Building

Description

Exciting Homeownership Opportunity! This home qualifies for a reduced interest rates through the First Republic Eagle Community and Citizens Bank Destination Program. Ask me how for additional details! Attention all buyers, Be the second owners of this classic 3 family brick row house located on a tree lined private block in a highly desirable section of the South Bronx. It's being sold at 6.8% Cap Rate, with $82,049 in annual net income. It's just a short distance to express trains (2&5), commute to Manhattan just 15 minutes. For your convenience it's near shopping, international restaurants and nearby Horseshoe Playground and Printers Park. 982C Rogers Place will be sold with the ground floor 2 bedroom 1 bath and large private backyard and second floor 3 bedroom/ 2 bath unit vacant. The ground floor two-bedroom and 1 bath is owner occupied. The second floor three bedroom is currently a 5 star Airbnb unit with excellent income, the third floor three bedroom is occupied. Tenants are looking to move. The Airbnb and the two-bedroom units have been completely reimagined with exquisite designer finishes (see photos) The basement needs a bit sprucing has a washer and dryer and full bath. All units have their own private outdoor space. The two 3 bedrooms each have front and rear outdoor space. For the end user, this is a great opportunity to purchase a three family home, where the occupants will pay your mortgage. See income & expense below: Monthly/Annual expenses: Taxes: $98.00/$1,177 Insurance: $222.50/$2,670 PLP: $70.00/$840 Monthly/Annual Income Ground Floor - owner occupied. Estimated rent value: $2700+ Second Floor - Airbnb $5,417/$65,004 Third Floor - $1811/$21,732. Tenant pays $923/ Section 8 pays $888 **Building has a 421-A tax abatement - expires in June/2034 **All units are separately metered gas & electric. **Ring security in place **washer and dryer in basement plenty of room for a recreational/gym area. **8 bed | 6 bath