We are beyond thrilled to offer this incredible investor or end user opportunity and THE BEST deal for an 8 bedroom / 4 FULL bathroom 2 family property (with private driveway) in the Bronx, all for below $1M !
This incredible opportunity is offered with the 1st floor 4 bedroom / 2 full bathroom unit fully vacant, presenting the opportunity for an investor to choose their tenant with potential rent of $4,000 monthly or for an end user to occupy the first floor and have their own private parking + massive private patio as well.
The upstairs features and additional 4 bedroom and 2 full bathrooms all with modern and tasteful renovation throughout. This unit is presently rented with a lease in place.
Not included in the 1,992 reported square feet, is another almost 1,000 square feet in the massive walk out basement which offers incredible versatility and can be used for a multitude of purposes. The basement is newly updated as well with multiple rooms for storage or however the buyer sees fit. An investors dream, the home features 2 boilers and 2 hot water tanks allowing the tenants to be fully responsible for their utilities and for complete ease when calculating the utilities in the home.
Upstairs on the 3rd level is full finished and standup attic which can be used for a kids play area, storage room, or really whatever the buyer can imagine.
This property offers everything an investor or end user could ask for, with potential 8% or better cap rate (once the 1st floor is rented out), private parking, a massive backyard / patio, and a stones throw away from the Burke Ave Express 2/5 subway lines which get you into the Upper East or Upper East side in about 45 minutes.
In the immediate vicinity you have supermarkets, shopping, restaurants, dining, and all of the essentials.
Reach out to Brian today - this one won't last for long!
Listed by Brian Ippoliti
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eXp Realty
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888-276-0630
Last updated October 20, 2025
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Source: OneKey #921466
Listing Facts
TypeMulti-family
NeighborhoodOlinville
Bedrooms8
Bathrooms5
Days on Prevu14
Taxes$7,000/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/08/2025
Listed by eXp Realty
$999,000
Estimated Closing Costs
Total
$29,380
Attorney Fees
$4,000
Title Insurance
$4,496
Bank Attorney
$1,500
Mortgage Recording Tax
$15,384
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $999,000 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 3208 Olinville Avenue
Exterior
Construction
Number Of Units Total: 2
Year Built: 1925
Construction Materials: Stucco
Measurements
Building Area Total: 1,992
Building Area Units: Square Feet
Lot Size Acres: 0.07
Lot Size Square Feet: 3,125
Financial
Taxes
Parcel Number: 04595-0003
Tax Annual Amount: $7,000.00
Tax Year: 2025
Interior
Features
Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Basement: Finished, Walk-Out Access
Has Basement: Yes
Bathrooms Full: 5
Bathrooms Total Integer: 5
Bedrooms Total: 8
Parking
Parking
Parking Features: Driveway, Private
Parking Total: 2
Schools
Elementary School
Elementary School: Contact Agent
Elementary School District: Contact Agent
High School
High School: Contact Agent
High School District: Contact Agent
Middle or Junior School
Middle Or Junior School: Call Listing Agent
Middle Or Junior School District: Contact Agent
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water Source: Public
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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.