722 Commonwealth Avenue

Description

This 2-family property in The Bronx is a promising investment opportunity, especially for someone looking for a multi-family setup! With 2,800 square feet of living space and 6 bedrooms and two full bathrooms across two units, it has good potential for rental income. The first floor consists of a daylight basement with access to the backyard and garage. Unit 1, which is located on the second floor, there are 3 generously sized bedrooms with ample closet space, 1 full bath, living room, kitchen and dining area. Unit 2, which is located on the three floor has an identical floorplan as the second-floor unit with 3 bedrooms and 1 bathroom. The roof, the kitchens and bathrooms in both units require renovation, which indicates an opportunity for customization and improvement, making it attractive to an investor who is willing to put in the work to raise the property's value. This property is being sold strictly AS IS therefore the seller will not make any repairs. Buyer will be responsible for any encumbrances against the property. Short Sale subject to third party approval. Great investment property awaiting the right investor!