$2,100,000

Configuration: Two adjoining income-producing propertiesZoning: R4ATotal Rentable Rooms: 14 (6 in No. 350, 8 in No. 354)Parking: 3-car garage, $250 each, $750/month totalIncome SnapshotAugust 2025 Gross Income: $12,974 per month (room rentals + garage)Annualized Gross Income: $155,700Operating Expenses: $2,850 per month includes water, sewer, electricity, gas, and insuranceNet Operating Income (NOI): $7,974 per month / $95,700 annuallyCap Rate: 5.8%Property Details350 East 193rd Street2 -story single-family homeApprox. 2,025 sq ft on a 3,658 sq ft lot6 rentable rooms354 East 193rd Street2-family, 2 -story residenceApprox. 2,065 sq ft on a 5,000 sq ft lot8 rentable roomsBoth buildings date to 1910 and retain classic Bronx frame-house character.Investment HighlightsTurnkey Cash Flow: Established rent-by-room model with steady occupancy.Additional Income Stream: Three garage spaces generate $750/month.High-Demand Location: Close to Fordham University, shopping, dining, and multiple subway and bus lines.Future Upside: Opportunity to update interiors, adjust room rents, or explore other residential configurations within R4A zoning.SummaryOffered together for $2,100,000, 350 and 354 East 193rd Street present a rare chance to own two adjacent, fully rented properties with 14 rooms plus garage income. With gross monthly revenue approaching $13K and an NOI of nearly $96K, this portfolio delivers immediate returns and long-term growth potential in one of the Bronx s most active rental markets.

Amenities

• Bedrooms: 0
• Full Bathrooms: 0
• Partial Bathrooms: 0
• Property Type: Single Family
• Year Built: 1910
• Built in 1910
• Home size: 4,090 ft² / 379.97 m²
• MLS: RLS20051785
• Status: Active