Great Investment Opportunity a fantastic two-family home located in the heart of the Bronx. This is the perfect opportunity for both investors and end-users looking to live in one unit while generating rental income from the other. This solid brick property features a spacious 2-bedroom apartment over another 2-bedroom unit, offering comfortable layouts and great natural light. The basement is fully finished, adding valuable bonus space ideal for recreation, storage, or a home office. One unit is vacant, making it move-in ready for an owner-occupant or a new tenant. Whether you’re looking to offset your mortgage or expand your investment portfolio, this home delivers flexibility and income potential. Conveniently located near public transportation, shops, schools, and parks, this property checks all the boxes.
1939 Monterey Avenue, New York, (Bronx), NY, 10457
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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