2132 Edenwald Avenue

Description

Welcome to 2132 Edenwald Avenue, Two Separate Lots • One Exceptional Opportunity • Income-Producing Property! Welcome to a rare investment opportunity in the highly sought-after Edenwald section of the Bronx! Offered together as a package deal, 2132 Edenwald Avenue and 2134 Edenwald Avenue feature two separate tax lots with separate addresses, providing immediate rental income. The centerpiece of this offering is a spacious two-family brick home located at 2132 Edenwald Avenue, featuring approximately 3,177 square feet of living space with two large 3-bedroom apartments, generous kitchen and dining areas, high ceilings, a finished basement, a private driveway and a detached garage. The adjacent lot at 2134 Edenwald Avenue is a 25' x 100' vacant lot (2,500 sq. ft.), separately deeded, creating additional possibilities for future use or expansion. This property is already producing strong cash flow with $5,200 per month in rental income, equating to approximately $62,400 annually. The property is being sold as-is with tenants in place, featuring two reliable tenants already occupying the building, making this a turnkey income-producing asset from day one. Perfectly positioned near major transportation, residents enjoy easy access to the 2 and 5 subway lines, multiple MTA bus routes, major highways including I-95 and the Hutchinson River Parkway, and convenient commuting options throughout New York City and Westchester County. The neighborhood offers an abundance of amenities including shopping centers, supermarkets, local eateries, schools, parks, recreation facilities, and nearby destinations such as: Bay Plaza Shopping Center Pelham Bay Park The Mall at Bay Plaza Montefiore Medical Center Nearby dining, grocery stores, fitness centers, and everyday conveniences. Whether you're looking to expand your investment portfolio, secure a cash-flowing multifamily property, or capitalize on the added value of a separately deeded adjacent lot, this package presents a unique opportunity that's becoming increasingly difficult to find in today's Bronx market. Highlights: Two separate addresses being sold together 2132 Edenwald Ave: Two-family brick home 2134 Edenwald Ave: Separate 25' x 100' vacant lot Approx. 3,177 sq. ft. building 6 bedrooms, 2 bathrooms Finished basement Private driveway and a detached garage Current rental income: $5,200/month ($62,400/year) Sold as-is with tenants in place Excellent transportation access Strong investment Don't miss this opportunity to acquire an income-producing multifamily property in one of the Bronx's most convenient and steadily growing neighborhoods. Being Sold as is.