1352 Prospect Avenue, Bronx, NY

About 1352 Prospect Avenue

Timeless Two-Family Duplex Treasure – May Qualify for The City of Yes Program for renovations - The Duplex maybe able to be converted into Two Family making it a Three Family under NY Duplex Conversion Law and The Bronx Metro-North Area Plan that was approved August, 2024 to help enhance the community making this a Income Opportunity for Investors and Traditional Home Buyers looking to offset their mortgage payments. This gem awaits you. Welcome home to this **spacious two-family duplex**, a rare find that blends **historic charm with modern potential!** Whether you're looking for a place to call home while earning rental income or seeking the **perfect investment opportunity**, this property is the one you've been waiting for! Property Highlights: Two-Family Duplex** – Live in one unit & rent the other OR maximize rental income! **Lower Unit:** 3 bedrooms, 1 bath – Potential rent: **$3,300–$3,600/month** (*$39K+ annual income!*) **Upper Duplex:** 6-7 bedrooms, 2 baths – Potential rent: **$3,935–$4,100/month** (*$47K+ annual income!*) **Total Potential Rental Income: $86K+ annually! ??** **Super Low Taxes!** A dream for homeowners & investors alike. **Classic Appeal & Rich History** – Stunning **wood paneling, detailing & timeless charm.** **Gleaming Wood Flooring** throughout. **New Roof & New Hot Water Heater** – Big-ticket updates already done! **Unfinished Cellar with Separate Entrance** – So many possibilities! **Attic for Extra Storage** – Perfect for seasonal items & more. **Private Backyard** – A cozy outdoor escape! **Cable Ready & Move-in Friendly** – Just add your personal touch. **Close to Everything** – **Schools, hospitals, shopping, public transit & major highways!** **Air rights for investors looking to go up** **No C.O. - Certificate of Occupancy - which means with a Letter of No Objection you can possible change this property from a two family into three family. The Possibilities Are Endless This **versatile home** is perfect for a **large family needing extra space** or an investor looking for **high rental income** in a sought-after area. With just a little TLC(cosmetic) this beauty can shine even brighter! Property is being Sold As-Is. **Don't Miss Out – Schedule Your Showing Today!** A home like this won't last long!

Listing Map