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
·
Source: OneKey #980100
Listing Facts
TypeMulti-family
NeighborhoodSchuylerville
Bedrooms6
Bathrooms5
Taxes$9,761.66/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 1307 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
Gross Income: $93,144.00
Operating Expense: $17,520.00
Taxes
Parcel Number: 05347-0058
Tax Annual Amount: $9,761.66
Tax Assessed Value: $60,840.00
Tax Year: 2025
Interior
Features
Flooring: Hardwood
Interior Features: Entrance Foyer, Open Floorplan
Rooms
Bathrooms Full: 5
Bathrooms Total Integer: 5
Bedrooms Total: 6
Parking
Parking
Garage Spaces: 1
Garage: Yes
Parking Features: Attached, Driveway, Garage
Parking Total: 2
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Hot Air, Natural Gas
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Available
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 6 bedrooms and 5 bathrooms in this multi-family home at 1307 Balcom Avenue.
Does this multi-family home have parking?
Yes, there is 1 parking space available for 1307 Balcom Avenue.
What are the annual taxes for 1307 Balcom Avenue?
Annual taxes for this multi-family home are estimated at $9,761.
How does 1307 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.
1307 Balcom Avenue is a 6-bedroom, 5-bath multi-family home for sale in Bronx NY 10461. This residence is located in Schuylerville. The median listing price for multi-family homes in this area is $1,129,999. The home offers parking. View other multi-family home listings in Bronx.
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