Address
26 Mount Hope Place BRONX, NY
Price
$ 1,900,000
Property Attributes
  • MLS#H6132394
  • TypeMulti-Family
  • CountyBRONX
  • CityBRONX
  • AreaBronx
  • NeighborhoodBRONX
  • Zip10453
  • StyleMulti Family
  • Year Built1910
  • Taxes$ 4706
  • Price$ 1,900,000
  • Bedrooms14
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage4300
  • Lot Size3,049 SqFt
Listing Provided Courtesy Of:
Bryant Moran with Besmatch Real Estate
Data Source:
Hudson Gateway MLS (HGMLS) - 1 - NY
Property Description

Substantial price reduction! 26 Mt Hope PL offers a lucrative opportunity for any investor looking for a premium cap rate. With a gross effective income of $301,590 & room this is a property that can consistently perform as it has been since ownership. This property comes with a cemented relationship with New York City itself through the Department of Social Services & Human Resource Administration (HRA) over the past 20 years. This property spans 14 individual rooms at $59 per room, per day. Property can come with staff on hand or implement your own management team. Aside from the premium cap rate the property is situated between Jerome ave and the famed Grand Concourse. 26 Mt. Hope Place sits at epicenter of commerce, neighboring the 4 train as well as the B & D lines connecting it to a vast network of transportation. Call today for a tour. Pro-forma & financials available upon request!

Elementary School Middle School High School
Call Listing Agent Elementary School Call Listing Agent Middle School Call Listing Agent High School
Price History
7/22/2021 Listed $2,235,000
9/15/2021 15% - $1,900,000

General Features

Building Area Units Square Feet
Community Features Park
Construction Materials Brick
Cooling Wall Unit(s)
Elementary School Call Listing Agent
Elementary School District City of New York
Fuel Expense 23000.00
Garage Spaces 0.00
Heating Natural Gas, Hot Water
High School Call Listing Agent
High School District City of New York
Hot Water Gas Stand Alone
Interior Features Storage
Lot Size Square Feet 3123.00
Middle/Junior High School Call Listing Agent
Middle/Junior School District City of New York
Property SubType Multi Family
Property Type Residential Income
Sewer Public Sewer
Tax Annual Amount 4706.00
TaxAssessedValue 22364
Total Units 3
Village None

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Lot Features Near Public Transit
Lot Size Acres 0.0700
Lot Size Area 0.0700
Lot Size Source Other
Lot Size Units Acres
Number of Separate Electric Meters 3
Number of Separate Gas Meters 3
Parking Features Driveway
Total Parking 1.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 10453

Price
AVG $980K
$1.9M
Taxes
AVG $4,393
$4,706
Visits
AVG 127
85
Year Built
AVG 1930
1910
Walkscore
AVG 89
92
Data Provided by Walkscore ® not using MLS data

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