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1305 Balcom AvenueBronx, NY 10461

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$1,395,000

Smart Buyer Rebate $17,438

Prime all-brick multi-family investment opportunity in the highly desirable Pelham Bay section of the Bronx!

This turn-key, 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, 3-bathroom unit with an open floor plan, hardwood floors, large living area, and private balcony

?? Second Floor: Bright 3-bedroom, 2-bathroom unit with open layout and private balcony

?? First Floor: Studio / 1-bedroom layout, perfect for additional rental income

Additional highlights include:

? Solid all-brick construction

? 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.

Listed by Joseph Cosentino

·

Morris Park Realty Group

·

718-881-1923

Last updated April 03, 2026

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Source: OneKey #980075

Listing Facts

  • TypeMulti-family
  • NeighborhoodSchuylerville
  • Bedrooms7
  • Bathrooms5
  • Taxes$9,774.66/year

Amenities

  • Parking

Location

Mortgage Calculator

Estimated Closing Costs

Total
$51,211
Attorney Fees
$4,000
NYC Mansion Tax
$13,950
Title Insurance
$6,278
Bank Attorney
$1,500
Mortgage Recording Tax
$21,483
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,395,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1305 Balcom Avenue

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Year Built: 1999
  • Architectural Style: Colonial
  • Construction Materials: Brick

Measurements

  • Building Area Total: 3,412
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,495

Financial

Residential Income

  • Cap Rate: 6.0
  • Gross Income: $93,252.00
  • Operating Expense: $16,398.62

Taxes

  • Parcel Number: 05347-0158
  • Tax Annual Amount: $9,774.66
  • Tax Assessed Value: $60,840.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: Entrance Foyer

Rooms

  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 7

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached, Driveway, Garage
  • Parking Total: 2

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Hot Water, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 5 bathrooms in this multi-family home at 1305 Balcom Avenue.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 1305 Balcom Avenue.

What are the annual taxes for 1305 Balcom Avenue?

Annual taxes for this multi-family home are estimated at $9,774.

How does 1305 Balcom Avenue compare to other multi-family homes in Schuylerville?

This multi-family home is listed 12% above the average price for multi-family homes in Schuylerville and has been on the market for 64 less days than the typical home in this area.

1305 Balcom Avenue is a 7-bedroom, 5-bath multi-family home for sale in Bronx NY 10461. This home is located in Schuylerville. The median listing price for multi-family homes in this area is $1,129,999. Property amenities include parking. Browse more multi-family home listings in Bronx.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.