This fully occupied multi-family property is generating a total monthly rent roll of $7,626 and offers strong, consistent income. The well-maintained home includes three income-producing units: a 3-bedroom apartment on the top floor, a 2-bedroom apartment on the first floor, and a 2-bedroom accessory unit in the basement. The property is being sold with tenants in place, making it ideal for investors seeking immediate rental income. Situated in the highly desirable Pelham Bay neighborhood, it's close to parks, shopping, public transportation, and other local amenities. First showing will be held during the posted open house—no private appointments available. Don't miss this turn-key investment opportunity in one of the Bronx's most sought-after locations!
Listed by Rabindranaut Persaud
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Keller Williams Realty NYC Grp
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718-697-6800
Last updated August 16, 2025
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Source: OneKey #897123
Listing Facts
TypeMulti-family
NeighborhoodSchuylerville
Bedrooms5
Bathrooms1
Days on Prevu33
Taxes$5,612.96/year
Location
Mortgage Calculator
Listing History
08/04/2025
Listed by Keller Williams Realty NYC Grp
$799,999
Estimated Closing Costs
Total
$25,419
Attorney Fees
$4,000
Title Insurance
$3,600
Bank Attorney
$1,500
Mortgage Recording Tax
$12,319
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $799,999 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 1423 Edwards Avenue
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Year Built: 1910
Construction Materials: Advanced Framing Technique
Measurements
Building Area Total: 2,268
Building Area Units: Square Feet
Lot Size Acres: 0.03
Lot Size Square Feet: 1,575
Financial
Taxes
Parcel Number: 05370-0046
Tax Annual Amount: $5,612.96
Tax Assessed Value: $49,920.00
Tax Year: 2024
Interior
Features
Interior Features: First Floor Bedroom
Rooms
Basement: Finished
Has Basement: Yes
Bathrooms Full: 1
Bathrooms Total Integer: 1
Bedrooms Total: 5
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Sewer: Public Sewer
Utilities: Natural Gas Connected
Water Source: Public
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