1038 E 224th Street, Bronx, NY 10466

$1,100,000
7
BD
4
BA

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List Price
$1,100,000
Days on Market
0
MLS#
1049290
Status
ACTIVE
Property Type
Triplex
Year Built
1940
Property Tax
$7,449
Neighborhood
Bronx
School District
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High School
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Jr. High
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Elementary School
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Property Description

Prime 3-Family Cash-Flow Investment Opportunity in Wakefield Positioned in the vibrant Bronx neighborhood of Wakefield, 1038 East 224th Street is a versatile 3-family property designed to maximize rental yields. Whether you are looking to expand your portfolio or live in one unit while collecting substantial rent from the others, this property delivers the ideal layout and location. The home features three spacious units—a generous 4-bedroom unit, a comfortable 2-bedroom unit, and an efficient 1-bedroom unit—allowing for a diverse tenant base and minimized vacancy risk. The lower level includes a convenient walk-out unit, perfect for additional storage, recreational space, or utility access. All units were fully renovated prior to renting. Situated "close to all," residents enjoy easy access to local retail, public transportation (including nearby subway lines and bus routes), schools, and neighborhood parks—ensuring consistently high tenant demand.

Additional Information

Bedrooms
7
Bathrooms
4
Full Baths
4
Acres
0.06
Parking
None
Basement
Partially Finished, See Remarks, Walk-Out Access
Heating
Baseboard
Cooling
None
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jose J. Flores (jflores@exitrpc.com) from Listing Office: EXIT Realty Private Client.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.