Description
Welcome to 1687 Jerome Avenue, a fully renovated mixed-use property located in the heart of the Bronx. This turn-key investment offers strong income potential with minimal expenses, making it an ideal opportunity for both investors and end-users. The ground floor features a retail storefront currently leased to a CPA on a stable five-year lease. Above the retail space are two newly renovated three-bedroom residential units, both delivered vacant and ready for immediate occupancy. The second-floor unit offers spacious living with modern updates, while the third-floor unit includes a private rear patio, perfect for added outdoor enjoyment. The seller has completed full renovations throughout the building and has separated all heating systems for added efficiency and tenant convenience. With very low property taxes and excellent rental demand in the area, this property presents a rare opportunity to own a well-maintained, income-producing asset in a prime Bronx location.
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0BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Welcome to 1687 Jerome Avenue, a fully renovated mixed-use property located in the heart of the Bronx. This turn-key investment offers strong income potential with minimal expenses, making it an ideal opportunity for both investors and end-users. The ground floor features a retail storefront currently leased to a CPA on a stable five-year lease. Above the retail space are two newly renovated three-bedroom residential units, both delivered vacant and ready for immediate occupancy. The second-floor unit offers spacious living with modern updates, while the third-floor unit includes a private rear patio, perfect for added outdoor enjoyment. The seller has completed full renovations throughout the building and has separated all heating systems for added efficiency and tenant convenience. With very low property taxes and excellent rental demand in the area, this property presents a rare opportunity to own a well-maintained, income-producing asset in a prime Bronx location.
© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2025-05-13T21:18:24.487.