1549 Selwyn Avenue New York NY, 10457 Bronx SD# 999
$1,349,999
7 Beds / 5 Full Baths | 2 Half Baths | ML# H6329663
Property Picture

Welcome to 1549 Selwyn Avenue, located in the thriving Claremont section of the Bronx. This property is an outstanding investment opportunity, offering a mixed-use structure that combines modern living spaces with the convenience of a medical office. Located in the heart of Claremont, this property enjoys the benefits of urban living with easy access to various amenities and transportation options. Fully detached, durable brick construction that exudes timeless charm. A total of four parking spaces. The property is fully occupied. Residential units are fully renovated. This investment blends contemporary residential living with a functional medical office space. Its prime location, solid construction, and substantial income make it an attractive investment for those seeking a reliable source of rental income. This property is currently at an 8.3% cap rate and offers strong income potential. NACA and VA loan approved. R7-1 Zoning - FAR allows an additional 5, 863 buildable sf.

    Michael J. Watts
    Michael J Watts & Assoc Inc 631-650-9933 info@wattslongislandhomes.com