253 E 206th ST new Save Request In-Person Tour Request Virtual Tour
Bronx,NY 10467
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 884770
Rental Info No
Year Built 2017
Annual Tax Amount $34,621
Lot Size 2,800 Sqft
Acres 0.0643
Property Sub-Type Multi Family
Source onekey2
Property Description
10-Unit Multifamily – Norwood, Bronx | Owner Financing – Just 15% Down | Below-Market Rents – High Upside
Outstanding investment opportunity in the heart of Norwood, Bronx — this 10-unit multifamily building is just 1 block from the D train and steps from shopping, restaurants, hospitals, and major attractions like the Bronx Zoo and New York Botanical Garden.
Owner Financing Available – Just 15% Down!
Finance up to 85% of the purchase price
5.75% fixed interest rate
Skip the banks – flexible seller-backed terms
Property Highlights:
10 residential units with strong rental demand
Rents are well below market – unlock major income potential
Prime Bronx location near transit, Montefiore Medical Center, and commercial corridors
Quiet, residential block in a rapidly appreciating neighborhood
Perfect for value-add investors, 1031 exchanges, or long-term hold strategies
This is a rare chance to acquire a cash-flowing, value-add property with minimal capital upfront and favorable financing terms. Financials and rent roll available upon request.
Location
State NY
County Bronx County
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None