1307 Balcom Avenue

Description

Prime block construction with brick veneer, multi-family investment opportunity in the highly desirable Pelham Bay section of the Bronx! This turnkey, income-producing property is ideal for investors seeking strong cash flow or owner-occupants looking to live in one unit while generating rental income. The property features three well-maintained units: Top Floor: Spacious 3-bedroom, 2-bathroom unit with an open floor plan, hardwood floors, large living area, and private balcony, cathedral ceilings. Second Floor: Bright 3-bedroom, 2-bathroom unit with open layout and private balcony and rear deck to access the back yard First Floor: Studio layout, perfect for additional rental income Additional highlights include: Solid all-block construction with brick veneer front Three separate gas boilers Four hot water heaters Tenants pay all utilities Strong income potential Conveniently located near shopping, dining, and retail along East Tremont Avenue, with easy access to major highways and public transportation. This is a rare opportunity to own a low-maintenance, high-performing asset in one of the Bronx’s most sought-after neighborhoods. can be sold as a package deal