Welcome to an exceptional investment opportunity in the heart of the Bronx, New York! This meticulously maintained 3-family residence, constructed in 2004, embodies modern comfort and convenience. Each floor offers distinct living spaces - the first floor features a large 3-bedroom, 1-bathroom unit, while the second and third floors boast spacious 3-bedroom layouts with 2 full bathrooms each. With responsible tenants in every unit, this property ensures a hassle-free experience for the discerning investor or owner occupier. The units, well-kept and currently occupied, present a turnkey solution for prospective owners. Financial stability is guaranteed, with all tenants up-to-date on payments, providing a reliable income stream. Convenience is key, with each unit equipped with its own boiler and hot water heater for easy maintenance, cost-effectiveness, and personalized control. Beyond the interiors, this property offers additional perks. A gated driveway provides secure parking. The location is strategically close to transportation options, making commuting seamless for both residents and potential tenants. Ideal for owner-occupiers, it allows one to reside in a unit while others contribute to the mortgage. For investors, renting out all units at top market rates maximizes rental income, making it an enticing prospect. Don't miss out on this rare find in the Bronx a blend of modern amenities, prime condition, and strategic location. Act quickly to schedule a viewing and seize the opportunity to make this great property yours!
Property Details
Property Features
Property Information:
Year Built: 2004
Living Area: 3,618 SqFt
Listing Office:
Office Name: Housebiz Realty Inc.
Office Phone: (718) 892-7500
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 5
Total Bedroom Count: 9
Exterior Features
Parking Information:
Garage Space: 1 space
Attached Garage: Yes
Parking: Attached, 1 Car Attached, Driveway
Lot Features
Lot Information:
Lot Size: 0.04 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Baseboard
Cooling: Wall Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $1,250,000
Price Per SqFt: $345/SqFt
Tax Information:
Annual Amount: $8,108
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Bronx, NY.
This property is $677.5K more than the Median List Price and $4/SqFt more than other homes in Bronx, NY.
Based on homes listed in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #H6284406
Listing Office:
Office Name: Housebiz Realty Inc.
Office Phone: (718) 892-7500
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 4/28/2024, 11:56:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 02, 2020
Mar 02, 2020Home Sold
$745,000
Aug 09, 2005
Aug 09, 2005Home Sold
$649,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$8,108
$48,660
2018
$7,311
$38,016
2017
$6,764
$35,865
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
PS 119
1075 Pugsley Ave
Distance between this listing and this school0.15 miles
Public District Grades PK-5
7
/10
PS 36 Unionport
1070 Castle Hill Ave
Distance between this listing and this school0.21 miles
Public District Grades PK-5
4
/10
PS 138 Samuel Randall
2060 Lafayette Ave
Distance between this listing and this school0.45 miles
Public District Grades PK-5
Nearby Schools
7
/10
Blueprint Middle School
1111 Pugsley Ave
Distance between this listing and this school0.16 miles
Public District Grades 6-7
8
/10
Bronx Charter School For Excellence
1960 Benedict Ave
Distance between this listing and this school0.44 miles
Public Charter Grades KG-8
5
/10
Jr High School 131 Albert Einstein
885 Bolton Ave
Distance between this listing and this school0.51 miles
Public District Grades 6-8
Nearby Schools
3
/10
Millenium Art Academy
1980 Lafayette Ave
Distance between this listing and this school0.52 miles
Public District Grades 9-12
2
/10
Bronx Community High School
1980 Lafayette Ave
Distance between this listing and this school0.52 miles
Public District Grades 9-12
3
/10
Bronx Bridges High School
1980 Lafayette Ave
Distance between this listing and this school0.52 miles
The neighbors living near this home have an average income of $43,864. The majority of Bronx, NY residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
This home is located at 1067 Olmstead Ave in Bronx, NY and zip code 10472 in the Castle Hill neighborhood. This 3,618 square foot home, which was built in 2004, sits on a 0.04 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $1,250,000.
Between February 2024 and March 2024, Bronx, NY real estate market has seen increase in the number of listings by 5.3%. In March 2024, listings were on the market for 171 days. During the same period, the median list price in this real estate market was $572,405.
From Rocket Homes Real Estate and based on county public records data.