9 Beds
6 Baths
2,500 Sqft Lot
9 Beds
6 Baths
2,500 Sqft Lot
OPEN HOUSE
Sat Dec 07, 12:30pm - 2:30pm
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY801868
Bedrooms 9
Full Baths 6
Originating Board onekey2
Rental Info No
Year Built 2006
Annual Tax Amount $624
Lot Size 2,500 Sqft
Acres 0.0574
Property Description
Spanning a generous 3,111 square feet, this property boasts nine well-appointed bedrooms and six full bathrooms, distributed across three expansive apartments. Each unit features a thoughtful layout that includes a master bedroom with an ensuite bathroom, two additional large bedrooms, a second full bath, and an inviting living room that flows seamlessly into an open concept kitchen and dining area.
Quality finishes like gleaming hardwood floors enhance the warmth and elegance of the space, while abundant windows bathe each apartment in natural light, creating a welcoming ambiance for tenants. The contemporary kitchens are perfect for hosting and entertaining, cementing this property's appeal in the rental market. A huge full basement with lots of potentials with 2 entrances front and walk out to the backyard. Each apartment has it's own boiler and hot waters heater tenants are resppnsibly for their own utilities.
With eight years of tax abatement remaining, investors will appreciate the extremely low taxes that increase the profitability of this income-producing machine. Additionally, the convenience of long drivewaway that has room for six private parking spaces adds to the desirability for prospective renters. Lot of backyard space for entertainment and family gatherings.
Situated in a dynamic neighborhood with easy access to amenities, close to stores, restaurants, schools, banks, Soundview Park and close to transportation buses, trains. You also have easy access to the NYC Ferry with stops from Soundview (Clason Point Park) to 4 different stops Manhattan. This makes travaling to the City that much easier and hassle free.
505 Taylor Ave is not only a wise investment but also a turnkey solution for generating substantial rental income. Capitalize on this rare opportunity to own a top-tier, investor-friendly apartment building in one of New York's burgeoning boroughs.
Location
State NY
County Bronx County
Rooms
Basement Full, Walk-Out Access
Interior
Interior Features First Floor Bedroom, First Floor Full Bath, High Ceilings
Heating Baseboard, Natural Gas
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Parking Features Driveway, Off Street, Private
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Total Parking Spaces 6
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Contact Agent
Middle Schools Contact Agent
High Schools Contact Agent
School District Bronx
Others
Senior Community No
Special Listing Condition None
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