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26 Mount Hope Place

Bronx, NY 10453
  • $1,900,000
  • STATUS: Active
  • ON SITE: 93 Days
  • MLS #: H6132394
UPDATED: 11 min ago
$1,900,000
  • 14
    BEDS
  • 0.07
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 4,300
    SQFT
  • $442
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Substantial price reduction! 26 Mt Hope PL offers a lucrative opportunity for any investor looking for a premium cap rate. With a gross effective income of $301,590 & room this is a property that can consistently perform as it has been since ownership. This property comes with a cemented relationship with New York City itself through the Department of Social Services & Human Resource Administration (HRA) over the past 20 years. This property spans 14 individual rooms at $59 per room, per day. Property can come with staff on hand or implement your own management team. Aside from the premium cap rate the property is situated between Jerome ave and the famed Grand Concourse. 26 Mt. Hope Place sits at epicenter of commerce, neighboring the 4 train as well as the B & D lines connecting it to a vast network of transportation. Call today for a tour. Pro-forma & financials available upon request!

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© 2021 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 Keller Williams Points North - Team Galligan. Data last updated: 2021-10-24T15:16:31.917.
www.thegalligangroup.com/homes/119589068
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26 Mount Hope Place Bronx, NY 10453

  • Price: $1,900,000
  • Status: Active
  • Updated: 11 min ago
  • MLS #: H6132394
14
Beds
3
Baths
0
½ Baths
0.07
Acres
4,300
SQFT
$442
$/SQFT
1910
Built
Neighborhood:
Bronx
County:
Bronx
Area:
Bronx
Elementary School:
Call Listing Agent
Middle School:
Call Listing Agent
High School:
Call Listing Agent
School District:
City Of New York
Property Description
Substantial price reduction! 26 Mt Hope PL offers a lucrative opportunity for any investor looking for a premium cap rate. With a gross effective income of $301,590 & room this is a property that can consistently perform as it has been since ownership. This property comes with a cemented relationship with New York City itself through the Department of Social Services & Human Resource Administration (HRA) over the past 20 years. This property spans 14 individual rooms at $59 per room, per day. Property can come with staff on hand or implement your own management team. Aside from the premium cap rate the property is situated between Jerome ave and the famed Grand Concourse. 26 Mt. Hope Place sits at epicenter of commerce, neighboring the 4 train as well as the B & D lines connecting it to a vast network of transportation. Call today for a tour. Pro-forma & financials available upon request!
Exterior Features

Construction Materials Brick Garage YN No Lot Features Near Public Transit Parking Features Driveway

Interior Features

Basement FinishedFull Cooling Wall Unit(S) Cooling YN Yes Heating Natural GasHot Water Interior Features Storage

Property Features

Property Attached YN No Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 4706.00 Water Source Public

Listing courtesy of Bryant Moran of Besmatch Real Estate.
© 2021 OneKey MLS. All rights reserved.


© 2021 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 Keller Williams Points North - Team Galligan. Data last updated: 2021-10-24T15:16:31.917.
 
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