With a steady monthly income of over $9,000 and a cap rate of 9%, this beautifully renovated multi-family home offers an incredible investment opportunity with even more potential for added value. Located just steps from shopping, dining, entertainment, transportation, and a hospital, this legal two-family property is ideal for investors or first-time homeowners seeking to live rent-free. The home features two units on each floor: First Floor: Two apartments – one with 2 bedrooms and 1 full bathroom, and the other with 1 bedroom and 1 full bathroom. Second Floor: Two similar apartments – one with 2 bedrooms and 1 full bathroom, and the other with 1 bedroom and 1 full bathroom. The full and finished basement provides additional utility, and each floor is equipped with its own boiler and water heater, ensuring efficiency and ease of management. All tenants are in good standing and are cash-paying, offering reliable and consistent income. Public transportation is conveniently located just a few blocks away, making this property even more desirable. Opportunities like this don’t come around often – schedule your showing today!
Listed by Esther O. Olumuyide
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Nareema Baksh Real Estate
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914-548-5744
Listed by Nareema Baksh
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Nareema Baksh Real Estate
Last updated July 16, 2025
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Source: OneKey #888717
Listing Facts
TypeMulti-family
NeighborhoodWakefield
Bedrooms10
Bathrooms4
Days on Prevu54
Taxes$6,908/year
Amenities
Private Outdoor Space
Swimming Pool
Fitness Center
Location
Mortgage Calculator
Listing History
07/15/2025
Listed by Nareema Baksh Real Estate
$1,059,000
Estimated Closing Costs
Total
$41,164
Attorney Fees
$4,000
NYC Mansion Tax
$10,590
Title Insurance
$4,766
Bank Attorney
$1,500
Mortgage Recording Tax
$16,308
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,059,000 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 630 East 230th St
Association
Amenities
Association Amenities: Business Center, Car Wash Area, Park, Parking, Playground, Trash
Community Features: Fitness Center, Other, Park, Playground, Sidewalks
Interior Features: First Floor Bedroom, First Floor Full Bath, Granite Counters, High Ceilings, Original Details, Other, Recessed Lighting, Washer/Dryer Hookup
Rooms
Basement: Finished, Full, See Remarks
Has Basement: Yes
Bathrooms Full: 4
Bathrooms Total Integer: 4
Bedrooms Total: 10
Other
Features
Accessibility Features: Accessible Stairway
Parking
Parking
Parking Features: On Street
Schools
Elementary School
Elementary School District: Bronx
High School
High School District: Bronx
Middle or Junior School
Middle Or Junior School District: Bronx
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Electric, Other
Laundry Features: Other
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Trash Collection Public, Water Connected
Water Source: Public
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