1823 Anthony Avenue

Description

Welcome to 1823 Anthony Avenue, an expansive and well-maintained two-unit residence located in the highly desirable Mount Hope section of the Bronx. Offering over 2,500 square feet of interior living space, this impressive property delivers a rare combination of size, functionality, and strong income-producing potential in one of the area’s most active rental markets. The building is configured as two substantial units, each featuring a thoughtfully designed layout with five spacious bedrooms, updated kitchens, and comfortable living areas that provide flexibility for a variety of living arrangements. Large room proportions throughout each level create an open and functional feel, while multiple bathrooms in each unit enhance everyday convenience. Each residence also includes its own private entrance, offering separation and independence between the two levels. Well cared for and maintained with attention to detail, the property reflects consistent upkeep and pride of ownership. The interior spaces offer a solid foundation for both immediate occupancy and future value enhancement, allowing for cosmetic upgrades or modernization to further maximize returns. Set on a 2,250-square-foot lot, the building is ideally positioned in a prime Mount Hope location surrounded by everyday conveniences. Residents benefit from close proximity to schools, supermarkets, restaurants, shopping corridors, and neighborhood services. Transportation access is a standout feature, with nearby B, D, and 4 subway lines along with multiple bus routes providing quick and efficient connectivity throughout the Bronx and into Manhattan. This property presents a compelling opportunity for both investors and end users seeking flexibility and long-term value. The layout allows for multiple strategies, including leasing both units for maximum income or occupying one while generating revenue from the other. In a high-demand rental area, large multi-bedroom units such as these remain consistently sought after, supporting strong occupancy and competitive rental performance. Income & Investment Highlights: Spacious five-bedroom units in this location are in high demand, with estimated market rents ranging from approximately $4,500 to $4,800 per unit per month. When fully occupied, the property has the potential to generate $9,000+ in gross monthly income, offering the ability to offset ownership costs significantly while producing steady cash flow. Whether you are expanding your real estate portfolio or securing a property with built-in income potential, 1823 Anthony Avenue stands out as a rare opportunity in a tightly held Bronx market. To further support ownership success, our team also provides full rental management and tenant placement services after closing, ensuring a smooth transition from acquisition to income generation.