Listing Courtesy of Richard Greco Real Estate
  • 3 / 1.3
  • 8
  • 3572
  • 1950
  • 210
Active Status Single Family Home
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NOT ONLY AN OPPORTUNITY TO LIVE RENT FREE, but a GOLDEN OPPORTUNITY to make EXTRA INCOME without working. Here's how. Put 20% down ($150,000) on this property and you live in a 6 room duplex apartment Market Rent $2,500/month) Rent out the legal street level "LEGAL" medical office for $4,800/month and your 5.5% 30 year mortgage of $3,407/mo is paid leaving you with $1,393/month or $16,716/year for Taxes: $4,470, Insurance: $3,000, Water/Sewer: $2,000, Maintenance: $2,400 Total Projected expenses as Tenant pays heat and electric for a cost of $11,870. YOU NET $4,846 per year (subject to credit and management ability) plus $2500/mo cash equivalency of your own apartment or $30,000 for a grand total of $34,846 of which $30,000 is what you would pay for a one family rental. This property wont last. No pun intended but MOVE ON IT QUICKLY Give yourself and your family cash free living accommodations for the new year. CALCULATIONS ARE SUBJECT TO CREDIT STANDING & ONES ABILITY 2 MANAGE

Address: 1101 Morris Park Avenue
State: NY
City: Bronx
County: Bronx
Zip Code: 10461
MLS#: 4854718
MLS Area:
Taxes: Municipality $4,470

Price History

Date Price Event Change MLS#:
12/6/2018 $750,000 List Price 4854718

Assigned School Zones

  • Elementary School:Call Nyc Doe
  • Middle School:Call Nyc Doe
  • High School:Call Nyc Doe

Nearby Schools

Our Saviour Lutheran School(K-12)2
St. Francis Xavier School(Preschool-8)
St. Clare School(Preschool-8)
Ps 108 Philip J Abinanti(K-5)
P.S. 83 Donald Hertz(K-8)3
Ps Ms 498 Van Nest Academy(K-8)
St Raymond Elementary School(Preschool-8)
Our Saviour Lutheran School(K-12)2
St. Francis Xavier School(Preschool-8)
St. Clare School(Preschool-8)
P.S. 83 Donald Hertz(K-8)3
Ps Ms 498 Van Nest Academy(K-8)
St Raymond Elementary School(Preschool-8)
Our Saviour Lutheran School(K-12)2
St Raymond Academy For Girls(9-12)3
Bronx High School For The Visual Arts(9-12)3

Interior Details

  • Appliances:Chandelier(S)
  • Features:
  • Furnished:
  • Floor Type:
  • Cooling:Central
  • Heating:Base Board, Hot Water
  • Other Rooms:0

Exterior Details

  • Home Construction
  • Features:
  • Exposure:
  • Roof Type:
  • Garage Spaces:
  • Pool:No
  • Utilities:Gas Stand Alone
  • Lot Description:Level
  • Parking:None

Community Details

  • HOA: $0/mo
    Fees Include:

Rental Information

  • Rental Income:$0
  • Rental Number:0

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Property Information Last Updated: 12/15/2018 12:53:43 PM
Property Listed By Richard Greco Real Estate


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