Buy with Yoreevo
$1,420,999
List Price: $1,449,999
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1037 College Avenue
House in Concourse •  building info
12bd • 3ba • 2,031ft² $714 per ft²
Buy with Yoreevo

$1,420,999

List Price

$1,449,999

Key Details
Days on market
89
Last price change
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Estimated payment
$8,691/mo
Taxes
$443/mo
Maintenance
N/A
Description
Welcome to this exceptional legal 3-family home, ideally situated for both investors and developers. This property offers a unique opportunity for those seeking a luxurious residence with high rental income potential or for developers looking to maximize their investment. Each of the three spacious units features 4-bedrooms and 1-bathroom, perfect for generating rental income or accommodating multi-generational living arrangements. The interior boasts charming hardwood floors and bright, airy living rooms. The windowed kitchens are equipped with modern amenities, including dishwashers and updated stainless steel appliances. The property also features a spacious backyard, ideal for outdoor entertaining, and a full basement with a walkout and shared laundry room. The City of Yes initiative presents a rare opportunity to potentially increase rent roll with the spacious walk-out basement. Tenants are responsible for electric and gas utilities. Located near vibrant Morris Avenue, the neighborhood offers easy access to trendy restaurants, cafes, local shops, parks, and convenient transportation options. Don't miss this incredible opportunity to own a multi-family home in a sought-after location. Whether you're an investor seeking strong returns or a developer ready to unlock this property's full potential, this property is not to be missed.

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Home features
Hardwood floors
Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,449,000
Asking Price: $1,449,999
Term
30 Years
Down Payment
$144,000 (10%)
Min: 10% (144,000)
Rate
6.5 %
Mortgage Amount
$1,304,999
Mortgage Payment
$8,248
Taxes
$443
Estimated Yoreevo rebate
$29,000
Estimated closing cost
$52,000
Total monthly cost $8,691
Buy your dream home with us and get an estimated $29,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Locqube New York Inc.

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