823 East 214th Street
823 East 214th Street
Listed By Compass
Listed By Compass
Description
This two-family house was built in 1960 and has been occupied by the same family for over 2 decades. It is legally certified as a two-family property. The first floor will be delivered vacant and features a spacious 2-bedroom/1-bathroom unit with ample closet space. The second-floor unit has a 3-bedroom/1-bathroom layout and is currently occupied by a tenant. The current tenant is paying below...Welcome to 823 E 214th Street, a brick two-family townhouse in the Williamsbridge neighborhood of the Bronx.
This two-family house was built in 1960 and has been occupied by the same family for over 2 decades. It is legally certified as a two-family property. The first floor will be delivered vacant and features a spacious 2-bedroom/1-bathroom unit with ample closet space. The second-floor unit has a 3-bedroom/1-bathroom layout and is currently occupied by a tenant. The current tenant is paying below market value and does not have a lease. The large basement has the potential to be combined with the first-floor unit to create an owner's duplex with access to the rear yard, or it could possibly be converted for another use.
Conveniently located, this low-rise attached townhouse offers an excellent opportunity for both homeowners and investors. This investment property is perfect for an investor seeking to establish a cash-flowing property in a burgeoning Bronx neighborhood, or for a first-time investor aiming to benefit from having a tenant help cover some expenses, with an approximate proforma of a 7% cap rate.
Listing Agents
darrell.williams@compass.comP: 267.234.4084
michael.bhagwandin@compass.comP: 917.903.3843
brian.kelley@compass.comP: 917.674.5240
Amenities
- Hardwood Floors
- Walk Up
- Parking Included
- Semi-Detached
- Lowrise
Property Details for 823 East 214th Street
| Status | Active |
|---|---|
| Days on Market | 48 |
| Taxes | $505 / month |
| Maintenance | - |
| Min. Down Pymt | 5% |
| Total Rooms | 7.0 |
| Compass Type | Multi Family |
| MLS Type | - |
| Year Built | 1960 |
| Views | - |
| Architectural Style | - |
| Lot Size | 2,302 SF / 31' x 74' |
| County | Bronx County |
Building
823 E 214th St
Building Information for 823 East 214th Street
Property History for 823 East 214th Street
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 823 East 214th Street
Schools near 823 East 214th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 8 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 41 Gun Hill Road PublicK to 5 | ||
North Bronx School of Empowerment Public6 to 8 | ||
Bronx Lab School Public8 to 12 | ||
Leaders of Tomorrow Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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