Sale Notes – 3935 Barnes Ave, Bronx, NY
Excellent investment opportunity in the desirable Wakefield section of the Bronx. This well-maintained three-family property offers strong income potential with additional upside. The property features a finished basement, private backyard, and three detached garages, providing multiple income streams.
The first floor consists of a spacious 3-bedroom layout with a legal enclosed porch. The second and third floors each offer 2-bedroom apartments. Conveniently located near the 2 train, shopping, schools, and major transportation.
Projected Monthly Income:
* 1st Floor: $3,500
* 2nd Floor: $3,000
* 3rd Floor: $3,000
* Finished Basement: $2,000
* Three Garages: $1,000
Total Projected Income: Approximately $12,500 per month.
A rare opportunity for both investors and owner-occupants seeking immediate cash flow and long-term appreciation potential.