Property Description

***WILL BE DELIVERED VACANT*** Welcome to 2108 Arthur Avenue, truly a rare opportunity to own a legal 4 family property consisting of two separate buildings on one lot in the Belmont neighborhood. Spanning a little over 4,692 square feet of living space and located in an R7-1 zoning district, this unique property presents amazing investment, redevelopment, and future expansion potential. The front building is a charming single family duplex featuring 2 bedrooms, 1 full bathroom, a spacious living room, and a large eat in kitchen. The rear building is a 3 family home comprised of a 2 bedroom, 1 bath apartment, a 1-bedroom, 1 bath apartment, and a studio apartment, providing multiple income producing opportunities. Additionally this property includes a massive garage that has already been approved as an Accessory Dwelling Unit (ADU), offering the potential for additional living space or a valuable fifth rental unit. A private driveway, gas heat, 4 electric meters and 4 gas meters. Perfectly situated in one of the Bronx's most vibrant neighborhoods, the property is conveniently located near the B and D subway lines, multiple local bus routes, and all major highways, making commuting throughout New York City simple. Enjoy close proximity to Fordham University, the Bronx Zoo, the New York Botanical Garden, Arthur Avenue's world famous restaurants and markets, shopping, parks, and everything Belmont has to offer. Whether you're an investor seeking strong cash flow, a developer looking to maximize the property's R7-1 zoning potential, or an owner occupant looking to offset expenses with rental income, 2108 Arthur Avenue is an exceptional opportunity that rarely becomes available.

Property Features

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